LONDON-A joint venture partnership between Helical Bar plc andassociates of Crosstree Real Estate Partners has acquired a3.12-acre site next to Old Street Roundabout in London for anaggregate price of GBP 60.75 million. Helical and Crosstree hold a33% and 67% economic interest, respectively.
The freehold interest includes two office buildings, 211 and 207Old Street; the land adjoining the office buildings; the EmpireHouse property at 136-144 City Road; and a retail property on thewest side 207 Old Street. For the full story, go to Europe Real Estate .
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