ACRE Capital have advised Aegon Asset Management on the disposal of Kingsgate, Redhill.
Kingsgate is a striking office completed in 2008 and multi-let to 9 tenants with a base rent of £28.50 per sq ft and a low average rent of £23.50 per sq ft (Vs prime Grade A Redhill office rent of £31.50 per sq ft).
Property Type: Office
Transaction Type: Disposal
Client: Aegon Asset Management