- Client: Aberdeen Asset Management plc
- Size: 42,850 sq ft
- Use: Office Investment
- Value: £26.75 million i.e. 5.2% net initial yield
- Tenure: Long leasehold for 126.5 years unexpired at a 5% gearing
Gryphon were instructed to sell the leasehold interest for clients of Aberdeen. Following full marketing we achieved over £2 million above the asking price.