Land Securities sells 22 Kingsway, WC2 (UK)

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

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