Mainframe
Key Details
Overview
Mainframe is an office building in Euston, London NW1.
The 113,000 sq ft building is situated opposite Euston station.
Euston House building was formerly the headquarters of the British Rail Property Board Offices.
2019 - Stenprop, advised by Gerald Eve, has sold Euston House to a joint venture between French-listed Eurazeo and London-based Arax Properties for £95 million. The building was brought to market by Gerald Eve in September 2018. The price reflects a net initial yield of 4.64%. At the time the occupiers included Siemens, Learning Tree International and i2 Offices. Lloyd Davies, partner at Gerald Eve who oversaw the sale, said: “Stenprop has been making a strategic transition into a 100% multi-let industrial business, and this sale is the final piece of the jigsaw, with the company owning no more central London office space as a result. Euston is an area that has grown in popularity in recent years, a shift that generated considerable buyer demand for this asset.”
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Information on this page is for guidance only and remains subject to change. Buildington does not sell or let this property. For more information about this property please register your interest on the original website or get in touch with the Connected Companies.