West End commercial property sold for £45m - Commercial Property News covering City of London Commercial Property News, Mayfair & St James Commercial Property News, Mid Town Commercial Property News, Outer London Commercial Property News, Victoria & Knightsbridge Commercial Property News
An office building in London's West End commercial property market has been sold to the Universities Superannuation Scheme (USS) for £45.4 million, giving the capital a boost.
Representing an initial yield of 6.25 per cent, Savoy Court, which is located next to London's Savoy Hotel on the Strand, features 58,000 sq ft of high quality offices and 5,000 sq ft of ground floor retail space.
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