Login

Sports Car Group Lotus's HQ Sale Presses Pedal Down on Capital Values

Price Paid for Office is Second Highest Capital Value in City This Year, Savills Says
The Ragged Hall offices. (CoStar)
The Ragged Hall offices. (CoStar)
CoStar News
August 29, 2024 | 1:47 P.M.

RE Capital has sold the freehold interest in The Ragged School, an London office building leased to British sports and racing cars manufacturer Lotus Group, to European investor DSB Advisors for £21 million, or a net initial yield of 6.22%.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE