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Seven/Mercer sell Farringdon block

Seven Capital and Mercer Real Estate Partners have completed the off market sale of 28-30 Kirby Street, London, EC1 to a private client of Strutt & Parker for around £14m – a net initial yield of circa 5.6%.
CoStar News
August 14, 2013 | 1:11 P.M.

The recently completed prime Farringdon development was prelet to Tesco’s Blinkbox on a 10-year FRI lease, subject to tenants break in 2018.

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