McKay Securities has sold 30 Lombard Street in the City of London to German institutional fund REInvest for £76.5m. This reflects a net initial yield of 4.16% and a capital value of £1,308 per square feet. McKay acquired the long leasehold interest of 30 Lombard Street in 1999 with a multi-let 1960’s office building. Redevelopment […]
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