LondonMetric - SECOND MUCKLOW OFFICE DISPOSAL
SECOND MUCKLOW OFFICE DISPOSAL
The 28,000 sq ft out of town office scheme was acquired through the Mucklow acquisition in
The disposal price is 4.3% above acquisition cost and 2.5% above book value. The remaining office portfolio now totals nine investments and is valued at c.
Completion of the disposal is delayed until the end of
"This is our second office disposal from the Mucklow portfolio and we will continue to further sell down our non-core office investments."
FSP acted for LondonMetric and B2 Retail acted for the purchaser.
For further information, please contact:
Tel: +44 (0) 20 7484 9000
Tel: +44 (0)20 3727 1000
LondonMetric is a
Further information is available at www.londonmetric.com
This information is provided by RNS, the news service of the
Quick facts: LondonMetric Property PLC
Market Cap: £1.99 billion
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