LONDON-Great Portland Estates plc has bought the head leasehold interests in 50 Jermyn Street and French Railways House from Henderson Global Investor's Central London Office Fund 1. The company paid GBP 39.0 million for the properties.
Both properties were constructed in the 1950's and they comprise 49,879 square feet of office and retail space. The properties, situated on a 0.3 acre site, are leased to 9 tenants. They are situated beside the Piccadilly Estate. For the full story, go to PropertyMall .
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