Stena sails into Borough High Street office buy

By Richard Hook2018-11-27T17:31:00

Amsterdam-based Stena Realty has completed the acquisition of the recently refurbished 160 Borough High Street office building in London from W Real Estate.

Acquired by asset manager Trinova Real Estate on behalf of the property investment arm of shipping line Stena for a price in the region of £12m and a net initial yield of 6.45%, the multi-let office is situated just south of London Bridge and Borough Market. The building is held on long leasehold from the City of London.

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