Mitsui buys EC2 office space

A Japanese investor has made a rare purchase in the City of London. Mitsui has bought German bank Helaba's London office at 11 Ironmonger Lane, EC2 (pictured), for £7.1m – a yield of 8.6%. The deal is a three-year sale-and-leaseback to Helaba, after which Mitsui is likely to refurbish the ...

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