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L&G puts Procession House up for sale

LGIM Real Assets, on behalf of its Managed Fund, has appointed Savills to bring Procession House, 55 Ludgate Hill, EC4 to the market, seeking offers in excess of £67.5m, representing a capital value of £641 per sq ft and a net initial yield of 6.15%.
By James Buckley
February 12, 2018 | 1:41 P.M.

Developed in 1999, the building comprises 105,200 sq ft of office and retail space across an island site in the City of London, close to Farringdon Station. The office space is single let to Goldman Sachs, on a lease expiring September 2024, subject to a tenant only break option in September 2019. 

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News | L&G puts Procession House up for sale