Login

Fidelity charges into Black Bull Yard

The Fidelity UK Real Estate Fund has bought a prime London office, Black Bull Yard, Farringdon, for £27.625m from developer, Boultbee Brooks Real Estate (BBRE).
By James Buckley
September 11, 2018 | 6:30 P.M.

The purchase represents a net initial yield of 5.25%, with the potential for rental growth through the medium and longer term. Current tenants include Momentum ABM Ltd, Cast Consult Limited and IBI Group Limited.

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