Land Securities announces that it has completed the sale of 22 Kingsway, London WC2 to an overseas client of Jones Lang LaSalle for approximately £39 million, reflecting a yield of approximately 7.55%.
The building provides c. 91,400 ft² (8,490 m²) of offices let to The Secretary of State until September 2025 subject to a break in 2021 and a 1,000-seat theater let to The London School of Economics.
Jones Lang LaSalle advised the purchaser.
Source: Land Securities
