LaSalle buys London office block for £26.5m
LaSalle Investment Management, in conjunction with Generation Estates, has bought 100 Middlesex Street on the eastern edge of the City of London from Blackstone for £26.5m on behalf of a pension fund client.
The deal reflects a net initial yield of 5.5%.
100 Middlesex Street forms part of the larger Middlesex Street development and includes the newly completed 33-storey Nido Student tower …