6 floors of Regent Street office space sold to overseas investor
As news of green shoots continue to pepper the commercial property headlines, another major deal in London has just gone through which sees a prime building on Regent Street sold to a private overseas investor.
According to Property Week, CBRE Investors have sold Mutual House, a retail and office property on Regent Street in Central London, for a reported figure of ┬ú30m.
The building comprises retail space that is currently let to three separate businesses, and 6 floors of prime office space.
Richard Everett, senior director of UK managed accounts group, said:
“This transaction demonstrates the demand for prime retail and office space as buyers are re-entering the UK property market.”