LONDON-The Crown Estate has purchased the freehold interest inBAFTA's headquarters building at Princes House in St James's. Thecompany acquired the 81,000-square-foot property from AvivaInvestors for GBP 87 million.
Princes House is situated on Piccadilly and Jermyn Street and ithas impressive occupiers including Princes Arcade and BAFTA. TheCrown Estate was advised on the transaction by Burges Salmon,Cushman and Wakefield and Cluttons. For the full story, go toPropertyMall .
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