SEB AM vende nella City di Londra

SEB Asset Management sold “One Threadneedle Street” after a successful repositioning and the
signing of a long-term lease. The property, which is part of the open-ended real estate fund SEB
ImmoPortfolio Target Return Fund ‘s portfolio, underwent extensive revitalisation work in the
period up to the end of July 2012 and has a total of 5,092 sqm of rental space. SEB Asset
Management signed a 20-year lease without break options for the entire property in August
2012 with Nationwide Building Society. Exclusive sales negotiations were conducted with a
prospective buyer.
The new owner of the office building in London’s financial district is a client
of Deutsche Bank.The selling price is GBP 63 million (approximately EUR 77 million) at 1,149
GBP per square feet. This represents a net initial yield for the buyer of 4.5%.
SEB Asset Management bought the Grade A property, which was built in 1992, in 2009. As part
of the property’s complete renovation and repositioning in 2011/2012, all technical facilities
were renewed and the layout of the individual storeys was redesigned, increasing the efficiency
and flexibility of the space.
Fonte : CS della Società