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WELPUT buys 101 New Cavendish Street

West End of London Property Unit Trust (WELPUT), advised by Grafton Advisors and managed by Schroder Property, has exchanged contracts to buy the freehold interest in 101 New Cavendish Street from Greycoat Central London Office Development Fund for £86.5m in a private transaction.
By James Buckley
July 18, 2014 | 1:49 P.M.

The property comprises a 101,000 sq ft building extended and refurbished by Greycoat in 2009 with ground floor retail; four floors of offices and residential above, sold off on long leases. 

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