Swiss banking giant UBS has acquired 12-14 New Fetter Lane, a prime office leasehold in London's Farringdon neighbourhood, for £135 million (€155 million).
The asset was sold by Nuveen Real Estate's Cityhold office partnership (CHOP). The leasehold has around 142 years remaining. The freeholder is City Corporation.
The 15-storey office comprises ground floor retail accommodation with 12 upper floors of Grade A offices. The asset has some 142,500 square feet (13,200 square metres) of lettable space.
Source: propertyeu.info on the 21st of November