Sunday Times - November 28, 2005
Land Securities has announced that it has exchanged contracts for the freehold purchase of Ashdown House, Victoria Street, London SW1 for GBP 164.2 million, representing an initial yield of 5.8%. The 227,000 square foot office and retail property, purchased from Golfrate, holds a prominent position in Victoria and is fully let to the Government (DEFRA HQ) until June 2017. The ground floor retail holds various tenants including Dixons and Boots. Land Securities was advised by Franc Warwick.
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Monday, November 28, 2005
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