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Germany's VGV completes £215m Victoria buy

CBRE Global Investors, acting on behalf of German doctors and chemists pension fund Verwaltungsgesellschaft für Versorgungswerke (VGV) has completed the acquisition of 1-5 Howick Place, London SW1 for circa £215m.
CoStar News
April 20, 2015 | 1:53 P.M.

1-5 Howick Place is a freehold property located next to Westminster Cathedral and close to Buckingham Palace in the Victoria submarket of London’s West End. The scheme was completed in 2012 and offers 172,561 sq ft of accommodation, predominantly grade A offices (81%) with 33 (23 luxury and 10 affordable) residential units on top and a 1,124 sq ft self-contained retail unit on ground floor.

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