11 Pilgrim Street sold to Pramerica for £52 million
06 January 2009
The multi-let building provides circa 100,000 ft² of office space
Acting on behalf of UBS Global Asset Management, the City office has sold 11 Pilgrim Street, EC4 to Pramerica for £52 million reflecting a net initial yield of 7.50%.
The building provides circa 100,000 ft² of office space on lower ground, ground to 6th floors.
The building is multi-let to three tenants on a weighted unexpired term of 12 years.
