Our institutional client, M&G were searching for a good quality well located multi-let office investment in the Thames Valley. Through our market knowledge of buildings and ownerships, we identified the above as a potential off market purchase.

The buildings comprise a total of 121,838 sq ft of high quality offices, let to 6 tenants with a WAULT of 7 years.

We secured the freehold interest for our client, off-market, at a price of £46,750,000 reflecting a net initial yield of 6.7%, bought from Urban and Civic Plc.