Teachers fund buys into Google HQ

The US teachers’ pension fund TIAA-CREF has been confirmed as the buyer of Henderson Global Investors’ 50% stake in Google’s London headquarters, Belgrave House. It is paying £108m, reflecting a 5.97% yield, as revealed by Property Week (03.12.10). H2SO advised Henderson; Knight Frank advised TIAA-CREF.

This is premium content

You must be logged in to view premium stories.

Gated access promo

Subscribe for full access

Take out a print and online or online only subscription and you will get immediate access to:

  • Breaking industry news as it happens
  • Expert analysis and comment from industry leaders
  • Unlimited access to all stories, including premium content
  • Full access to all our online archive

To get access to premium content subscribe today

Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts

If you are already a registered user or a subscriber you can SIGN IN now