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BlackRock sells Aberdeen office at 31% yield

Maritime Capital picks up St Magnus House
By Ed Jenkins
August 5, 2025 | 11:20 AM

BlackRock Investment Management, on behalf of the British Airways Pension Scheme, has sold the freehold interest in St Magnus House, Aberdeen, to Maritime Capital on behalf of Merinwell for £4.75 million, reflecting a net initial yield of 31%.

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