On behalf of Mitsubishi Estate, Savills advised on the sale of freehold interest in 8 Finsbury Circus, a prime office and retail investment located in the core of the City of London.
Savills undertook a highly coordinated and targeted global marketing campaign including face to face presentations with key decision makers across key centres in Asia Pacific. The property was sold for £260 million and set a new prime yield of just under 4.0% for the City of London. The buyer, a new entrant to the London market, simultaneously exchanged and completed in five working days from the agreement of heads of terms.