M&G ponders sale of £150m business park

M&G Heights Brooklands

Heights Brooklands campus expected to attract local and overseas investors.

The institutional investor is believed to have lined up Knight Frank ahead of a potential formal launch of the building in the next few weeks.

If the asking price was achieved, the sale would reflect a 6.25% yield. The Heights campus comprises five office buildings and spans more than 330,000 sq ft of grade-A office space.

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