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RREEF fronts £285m Drapers Gardens buy

RREEF Real Estate is fronting the purchase of the Drapers Gardens office complex in the City for around £285m, CoStar News can reveal.
By James Buckley
May 29, 2012 | 7:00 P.M.

A private client of RREEF, understood to be Ginko Tree Investment, closed the purchase of the 292,500 sq ft property, EC2, from Evans Randall for an equivalent yield of 4.5% - a record for the Square Mile so far this cycle.

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