Record sum for West End office sale

By Richard Williams2018-04-20T00:01:00

A private Asian investor has sold a prime office and residential building on Upper Grosvenor Street in London’s West End at a record £2,250/sq ft capital value.

The current office occupier, investment firm The Capital Partnership, has bought the long-leasehold interest in 11 Upper Grosvenor Street for £18.65m.

The capital value of the investment for the 8,283 sq ft building is thought to be a record for the prestigious street.

This content is only available to registered users

You must be logged in to continue

Would you like to read more?

Try Property Week For Free to finish this article.

Unlimited access to Property Week
Breaking news, comment and analysis from industry experts as it happens
Choose from our portfolio of email newsletters

To access this article TRY FOR FREE NOW

Don’t want full access? REGISTER NOW to read this article and up to 3 more this month and subscribe to our newsletters.

Registered users and subscribers SIGN IN here to continue