Sagi is believed to have bought the 300,000 sq ft development on Bloomsbury Square for a capital value of around £1,200 per sq ft, in a move which take his Midtown property holdings to more than 1m sq ft. He went under offer on the deal earlier this summer, as revealed by CoStar News.
Teddy Sagi takes Midtown portfolio to over 1m sq ft with £350m Bloomsbury buy
Israeli billionaire Teddy Sagi has further consolidated his property holdings in London’s Midtown, having exchanged contracts with Lebanon’s M1 to buy Victoria House for around £350m, CoStar News can reveal.
RELATED ARTICLES
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