Description: A six storey freehold office building totalling 24,600 sq ft, situated in a prominent corner position at the junction of Paul Street and Luke Street in Shoreditch, London EC2.
Type: Acquisition on behalf of a private property company for £9.25m reflecting a Net Initial Yield of 6.30% after the deduction of full purchasing costs of 5.80%, and a capital value of £376 psf. Burlington Partners acted in a joint agency capacity with Hatton Real Estate.
Date: February 2013

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