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Prime Mayfair office sells for sub-3% yield

Arax has exchanged to buy multilet Berkeley Street office
16 Berkeley Street. (CoStar)
16 Berkeley Street. (CoStar)
CoStar News
August 28, 2026 | 1:53 P.M.

Berkeley Estate Asset Management, the London-based real estate investment manager, has exchanged to sell 16 Berkeley Street, a prime multilet Mayfair office, to Arax Properties for in excess of £80 million or a sub-3% yield.

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