7 Moorgate, London EC2

  • 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

Remit:

Gryphon were instructed to sell the leasehold interest for clients of Aberdeen.  Following full marketing we achieved over £2 million above the asking price.