27 September 2010

Forsters acts on £47.15m sale

Forsters has acted for Danish pension fund PFA Invest in connection with its sale of Watling Court, Cannon Street, London EC4 for £47.15m. The purchaser is a private investor. 

The property comprises three buildings totalling 97,000 sq ft let to HSBC until March 2016 at a rent of £3.255m per annum (£33.50 per sq ft overall). 

Guy Jordan assisted by Peter Selwyn acted for PFA Invest. Ashley Kopitko of Speechly Bircham acted for the buyers.

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