Darin Partners completes the purchase of a long income office investment on Borough High Street, London for a family office client
Darin Partners is delighted to have acquired, off market, the freehold interest in 179-191 Borough High Street, London on behalf of a GCC family office client for £32.5 million. The office property benefits from over 13 years of income to Kaplan Financial, the UK’s leading provider of accountancy and financial training, with inflation linked reviews, providing long term progressive income.
Borough High Street sits within the Southbank sub-market, which has been one of the best performing office markets in Central London over the past 5 years, and with supply levels tight and vacancy rates below 3%, we believe the area will continue to see rental and capital growth over the short to medium term.
Founder at Compton
5 年Great deal ! What was cap val and NIY on purchase ? ??
Principle at Moore Hunter & Partners
5 年Great deal - well done to all.
Director at Savills
5 年Congratulations, what a great purchase
Director, Debt Origination at Aviva Investors Real Estate Finance UK
5 年Congratulations David and the team!
CEO at Roebuck
5 年Another great deal for Darin Partners. Congrats Dave Bell Tareq Hisham Hawasli