British Land puts EBRD head office up for sale

British Land has appointed DTZ to begin marketing of a 35,770 m[sup]2[/sup] building at the European Bank for Reconstruction and Development's office headquarters with an asking price of £387 mln (EUR 569 mln). The deal reflects a net initial yield of 4.8 %, a spokesperson for British Land told PropertyEU. This would be the first-ever property sale by British Land of its £3.44bn Broadgate estate in the City of London.

Premium subscriber content – please log in to read more or take a free trial.

Events

Latest news

Best read stories