Acquisition
August 04 2005 - 6:49AM
UK Regulatory
RNS Number:7281P
Westbury Property Fund Limited
04 August 2005
The Westbury Property Fund acquires stake in Mid-City Place, High Holborn,
London WC1
The Westbury Property Fund ('the Fund') has acquired a 19.5% stake in Mid City
Place from clients of Delancey for approximately #10 million, reflecting an
underlying yield of 6%. Mid City Place is a prime office and retail development
located on the north side of High Holborn, London WC1.
The property comprises 350,000 sq ft of prime office and retail accommodation,
and is let to 11 tenants on 15 leases. The tenants include Towers Perrin, EDF
Trading and Mitsubishi Corporation.
The Fund will be investing alongside clients of Delancey and the Insight
Foundation Property Trust Limited.
Berrington Fund Management LLP
Tel: 44 (0) 20 7659 6271
Fax: 44 (0) 20 7659 6272
Please visit us at www.berringtonfm.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
ACQEAEPLELXSEFE
Westbury Property Fund (LSE:WPFI)
Historical Stock Chart
From Sep 2024 to Oct 2024
Westbury Property Fund (LSE:WPFI)
Historical Stock Chart
From Oct 2023 to Oct 2024