Login

Workspace to buy Arup's Fitzrovia offices

Workspace Group has signed an option agreement for the right to acquire the freehold of 13-17 Fitzroy Street for £98.5m.
By Kasmira Jefford
February 24, 2017 | 2:18 P.M.

The flexible office space provider said it expects to exercise the option on 25 March, acquiring the building at a capital value of £1,063 per sq ft and a net initial yield of 4.6%. The transaction will be funded from existing facilities. 

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE