Real estate investment managers, LaSalle Investment Management, a subsidiary of Jones Lang LaSalle, recently announced the property purchase of 100 Middlesex Street, E1, in a deal costing approximately £26.5 million.
In a deal in conjunction with Generation Estates, LaSalle purchased the property from Blackstone on behalf of a pension fund client with a net initial yield of 5.5%. LaSalle were advised by Savills and Blackstone were advised by GM Real Estate.
