Wednesday 11 January 2012
The West End of London Property Unit Trust (‘WELPUT’), managed by Schroder Property and advised by Grafton Advisors, has acquired, by way of purchase of a corporate entity controlled by Crescent Heights, the freehold of 98 Theobalds Road, London, WC1 for £65 million (approx. €78.8 million), reflecting a net initial yield of 5.94%.
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