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High Holborn Telephone Exchange sold for £42.7m

Trillium has completed the sale of 268 - 270 High Holborn to a UK pension fund for £42.7m, reflecting a net initial yield of 3.4% and a capital value of £630 per sq ft.
By James Wallace
February 8, 2016 | 8:18 P.M.

The operational BT telephone exchange, close to Holborn Underground station, provided a rare opportunity to acquire a stable and secure Midtown investment with long-term redevelopment potential.

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