A private Middle Eastern investor has purchased 55 New Oxford Street in London from Standard Life for £35.5mln (EUR 44mln), reflecting a net initial yield of 6.09%. The property was originally marketed in November at £43.2mln.
A private Middle Eastern investor has purchased 55 New Oxford Street in London from Standard Life for £35.5mln (EUR 44mln), reflecting a net initial yield of 6.09%. The property was originally marketed in November at £43.2mln.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.