DESCRIPTION
A prime City of London office investment close to the Bank of England, with excellent connectivity to Moorgate, Liverpool Street and Bank stations, and surrounded by major occupiers including BlackRock, Rothschild & Co and UBS AG. The long leasehold interest runs until December 2123 at low gearing, with a head rent of £50,687 per annum. Extending to 43,694 sq ft over basement to six upper floors, the building is single let to Deutsche Bank AG at a highly reversionary gross rent of £1.95 million per annum (£44.67 per sq ft). The asset offers significant value-add potential through refurbishment, extension or lease restructuring,
