Corum XL fund buys Irwin Mitchell's headquarters

By Frances Ivens2019-01-22T13:08:00

Irwin Mitchell Riverside East - Sheffield

Real estate investment adviser 90 North and Saudi Arabia-based Sidra Capital have sold law firm Irwin Mitchell’s headquarters to Corum XL Fund for £24.65m.

Riverside East in Sheffield provides 119,000 sq ft of office space across a ground and six upper floors and walking distance of Sheffield City centre.

Irwin Mitchell has 700 staff based at the property which was originally acquired in January 2016. The sale price represents a net initial yield of 6.32%.

This content is only available to registered users

You must be logged in to continue

Would you like to read more?

Register for free to finish this article.

Four FREE articles of your choice per month
Breaking news, comment and analysis from industry experts as it happens
Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.

Registered users and subscribers SIGN IN here to continue