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Record value achieved for Carval Investors

By August 2017 Transactions

ACRE Capital achieve record value for Carval Investors

ACRE Capital Real Estate acting on behalf of Carval Investors have advised on the investment disposal of 3 Roundwood Avenue, Stockley Park. The property was sold to Spelthorne Borough Council for 21,400,000, reflecting a 6.24% NIY/ 500 capital value per sq ft.

Comprises a refurbished H.Q. office multi-let to 2 tenants for a term of 4.3 years to break and 9.3 years to expiry.

Produces a rental income of 1,425,961 per annum, reflecting 33.50 per sq ft.

Location: 3 Roundwood Avenue, Stockley Park
Property Type: Office
Transaction Type: Disposal
Client: Carval Investors