On behalf of their client, one of the Lloyds TSB staff pension funds, Scottish Widows Investment Partnership has sold 15 Dacre Street, London SW1 to a private Irish investor for a price of £17.39 million, reflecting a net initial yield of 6.25%.
The building was substantially refurbished in 1999 and comprises high quality office accommodation totalling 31,628 sqft (2,938.34 sqm). 17 Dacre Street is let in its entirety to the London Regi...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
