Teachers fund buys into Google HQ

04 March 2011

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.

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