Mayfair sale expects Irish interest
Significant Irish interest is expected in the Time & Life Building on New Bond Street in Mayfair in London.
Significant Irish interest is expected in the Time & Life Building on New Bond Street in Mayfair in London. The building is on the market through Michael Elliott, which is guiding stg£100 million.
This reflects a net initial yield of 4.2 per cent after purchasers' costs, rising to between 4.4 and 4.6 per cent when an outstanding rent review is completed.
Originally built in 1951, the property was substantially refurbished last year and measures a total of...
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