LGIM Real Assets has sold the long leasehold interest of 66 Newman Street in London to a private UK investor for £17.5m.
Legal & General made the disposal on behalf of its UK Property Fund having achieved planning consent to add an additional floor and infill light wells. It stripped the building back to shell condition for sale with vacant possession. Located in Fitzrovia, the 14,538 sq ft building is arranged over lower ground, ground and five upper floors.
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