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Aviva sells Newcastle office at record yield

Aviva Investors has sold an office building on Newcastle's Quayside to an undisclosed investor at what is understood to be a record yield for the cycle.

By Paul Norman

CoStar News

September 12, 2017 | 4:54 P.M.

Aviva has sold Keel Row House, a 23,794 sq ft four storey office on Newcastle’s Quayside for £8.855m. The property is let to law firm Ward Hadaway for a further 13.5 years with five yearly Retail Price Index linked rent reviews.

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Aviva sells Newcastle office at record yield

Aviva has sold Keel Row House, a 23,794 sq ft four storey office on Newcastle’s Quayside for £8.855m. The property is let to law firm Ward Hadaway for a further 13.5 years with five yearly Retail Price Index linked rent reviews.

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Get In Touch888-226-7404

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888-226-7404