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Al Gurg completes £266.5m 240 Blackfriars Rd buy

Wolfe Asset Management, a wholly owned subsidiary of Al Gurg Family which owns the business conglomerate Easa Saleh Al Gurg Group in Dubai, has completed the purchase of 240 Blackfriars Road, SE1 for £266.5m reflecting a net initial yield of 3.94%, a reversionary yield of 5.2% and a capital value of £1,176 per sq. ft.
CoStar News
24 January 2018 | 15:39

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240 Blackfriars Road is a 20 storey building, held freehold, constructed in 2014 and provides a total of 226,271 sq ft of grade A offices and retail accommodation.

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News | Al Gurg completes £266.5m 240 Blackfriars Rd buy