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M&G close to doubling up on Croydon offices with £59m sale

RLAM in talks to buy the Renaissance scheme next to East Croydon station
CoStar News
June 20, 2019 | 9:00 AM

M&G Real Estate is set to sell the Renaissance office block in Croydon, Greater London, to Royal London Asset Management for £59m or a slightly better than 5% yield, close to doubling the price it paid for the half vacant speculative building six years ago.

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