Sunday, November 27, 2005

Quintain Estates Agrees to Sale Leaseback of London Headquarters

Estates Gazette Interactive has reported that Quintain Estate's headquarters at 16 Grosvenor Street, W1, has been sold through Savills for £14.6 million. The property aas leased back to Quintain for 15 years with a break after year 10. Private clients of Cushman & Wakefield Healey & Baker acquired the 15,700 square foot building at a 4.5% yield. Quintain bought the long leasehold interest last year for £8m and carried out a major refurbishment. Sphere: Related Content

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