ACRE Capital have advised M&G on the disposal of Moorside, Monks Cross, York. The office asset totals 69,351 sq ft and is single let to Aviva providing approx. 5 years of unexpired income. The tenant is no longer in occupation providing future alternative use conversion potential.
ACRE restructured the deal for our client increasing investor appeal, selling the residual interest with an income strip to Aviva back to M&G.
Location: Monks Cross, York
Property Type: Office / Residual & Income Strip
Transaction Type: Disposal
Client: M&G
