La quotata americana Kennedy Wilson acquisisce per $66 mn un office campus a Londra

Global real estate investment company Kennedy Wilson (NYSE: KW) and its equity partner have closed the acquisition of The Capitol Building, a Grade A, 173,000 square-foot institutional quality office campus for $66.2 million, reflecting a cap rate of 7.7%.

The partnership invested $29 million of equity and Kennedy Wilson’s ownership interest is 51%.

The Capitol Building, in Bracknell, is part of the active Thames Valley submarket. It is 97% occupied by nine tenants across the tech and business service sectors. The four-story building is set within a professionally landscaped environment and offers a range of tenant amenities to drive demand, as businesses look to improve the wellness and access to green space for staff. Amenities include meeting rooms, break out areas, a canteen, bike storage, shower facilities and landscaped grounds with picnic tables.

Source : Company