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100 Cheapside up for £136m

Aberdeen Standard Investments has put 100 Cheapside, EC2, on the market with a price tag of £136m.

HFF has been appointed to sell the 100,000 sq ft grade-A office and retail building. A deal at asking price would reflect a yield of 4.25%.

It was built in a joint venture with CarVal Investors, Orion Capital Managers, the City of London Corporation and Quadrant Estates.

The site is fully let for 10.5 years at an average rent of £65 per sq ft.

 

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