UK investor Stenham Property has completed the purchase of 24 Chiswell Street, a 76,393 sq ft (7,000 m2) virtual freehold property in the City of London. A spokesperson for Stenham said that the seller of the property is Aviva. The £31 mln (EUR 36 mln) purchase price reflects a net initial yield of 7.16%.
Ares, Coima and MEAG are three investors which have closed multiple acquisitions in the last few weeks.
