33 Charlotte St acquired by Standard Life

Standard Life Investments have recently announced their latest acquisition, 33 Charlotte Street, London, W1.

They have acquired the property on behalf of Standard Life Investments’ UK Property Fund, for a net figure of £19.10 million. They bought it from Capital & City Plc and the site comprises mainly of offices, as well as three restaurant units and some residential space. Purchase yield was 5.6%. (more…)