Oregan buys London West End building for €105m

Oregan Financial has agreed to purchase 1018 Victoria Street in London for €105 million.

2nd June, 2007

Oregan Financial has agreed to purchase 1018 Victoria Street in London for €105 million.

The property is fully let to the British Secretary of State for a further 19 years and there are no break clauses.

Andrew Gunne of CBRE advised Oregan on the deal and the purchase price represents a net initial yield of 4.2 per cent. The nine-storey building recently underwent substantial refurbishment by the tenant and is located in a prime office location in...

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