LONDON-The Cityhold Group has signed agreements to purchase 40 Holborn Viaduct in London for GBP 137.75 million from a principle client fund of Delancey. The freehold office building, which comprises 173,248 square feet of net leasable area, will be the second acquisition for Cityhold in London.

The building is leased to multiple tenants and is situated in the London's Midtown area. Savills advised Cityhold and CBRE represented the vendors in the deal. For the full story, go to Europe Real Estate .


GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.