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Coutts HQ sells for £175m

TIAA Henderson Real Estate has completed the £175m acquisition of 440 Strand in the West End of London from Legal & General Property.
By James Buckley
August 7, 2014 | 1:27 P.M.

The deal, as revealed by CoStar News last month, completed at a net initial yield of 4.34%. The 180,480 sq ft property is the headquarters of private bank Coutts & Co and has been acquired on behalf of the Henderson UK Property Unit Trust.

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News | Coutts HQ sells for £175m