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Sails set for The Anchorage

By February 2021 Transactions

ACRE Capital have advised Federated Hermes on the sale of The Anchorage in Reading town centre, to Corum.

The Anchorage is multi-let to 3 offices tenants with a WAULT of 5.2 years. The passing rent is £712,720 per annum, which reflects an average overall rent of £24.44 per sq ft.

Location: Reading
Property Type: Office
Transaction Type: Disposal
Client: Federated Hermes