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Strutt & Parker News
Strutt & Parker advises RLAM on £15.28M sale
5 October 2009
Sector:
National Markets - Investment - Press Release

Royal London Asset Management, advised by Strutt & Parker, has sold the freehold interest in Aurora, 71-75 Uxbridge Road, Ealing, to Threadneedle for £15.28 million, reflecting a net initial yield of 8.25%.

The prominent Headquarter office building comprises 50,206 sq ft, arranged over basement, ground and four upper floors. The building is let in its entirety to Dunnhumby Limited on a lease expiring in 2016. The property currently generates a rental income of £1.324m, equating to £26.37 per sq ft.

-Ends-

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