Friday, June 13, 2008

Nomura Agrees to £235 Million Sale Leaseback of London HQ

Property Week - June 13, 2008

Fund managers IVG Asticus and AAIM are under offer to buy Nomura House at 1 St Martin’s Le Grand in the City of London. The two parties have a two-week timetable in which to complete on the 275,000 sq ft building and lease it back to Japanese bank Nomura for around £235m at a yield of around 5%. Drivers Jonas advises Nomura.

All parties declined to comment. Sphere: Related Content

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