15/05/2018 by Buildington
Savills sold the freehold interest in 45 Folgate Street, on behalf of Credit Suisse Asset Management, for £26.5m. The net initial yield 4.34% and a capital value £1,327 per sq ft. The property is multi-let to four office tenants, with a WAULT of 7.2 years to expiries and 6 years to breaks.
Source: City Investment Watch by Savills; May 2018 www.savills.co.uk.