The property (not pictured) has a gross lettable area of 12,559 m². The sale of this property, which was acquired in 1996, will help to raise the liquidity ratio for DEGI EUROPA. This is DEGI EUROPA’s second portfolio property sale this year, having sold another London office property on Finsbury Square in early April 2010. Additional properties have been earmarked for sale with the objective to generate sufficient liquidity to lift the suspension of fund share redemptions.
The property on King William Street in London has a gross lettable area of 12,559 m².
King Sturge International Property Consultants acted as broker on behalf of Aberdeen.
Source: Maitland |