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Helical, Crosstree Spend GBP 61M on London Properties

LONDON-A joint venture partnership between Helical Bar plc and associates of Crosstree Real Estate Partners has acquired a 3.12-acre site next to Old Street Roundabout in London for an aggregate price of GBP 60.75 million.

By GlobeSt News Hub | Updated on November 27, 2012

LONDON-A joint venture partnership between Helical Bar plc and associates of Crosstree Real Estate Partners has acquired a 3.12-acre site next to Old Street Roundabout in London for an aggregate price of GBP 60.75 million. Helical and Crosstree hold a 33% and 67% economic interest, respectively.

The freehold interest includes two office buildings, 211 and 207 Old Street; the land adjoining the office buildings; the Empire House property at 136-144 City Road; and a retail property on the west side 207 Old Street. For the full story, go to Europe Real Estate .

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