LGIM Real Assets announces, on behalf of its Life Fund, that it has sold 9 Argyll Street, London W1 to a Private Overseas Investor for €25.4m (£21.3m), which equates to a net initial yield of 2.81%.
9 Argyll Street sits in the heart of the west end of London. The building comprises a retail unit, which is let to Jigsaw, arranged over the basement, ground and first floors with five floors of separately accessed office accommodation above.
CBRE acted for LGIM Real Assets on the sale, and Springer Nicolas acted for the buyer.
