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BRIEF-Hammerson sells take in Grosvenor street office for 54 mln stg
September 2, 2014 / 8:26 AM / in 3 years

BRIEF-Hammerson sells take in Grosvenor street office for 54 mln stg

Sept 2 (Reuters) - Hammerson Plc

* Sale of hammerson’s 10 grosvenor street office

* Has completed sale of its 50% stake in its last remaining office asset, 10 grosvenor street in mayfair, w1 london, to its joint venture partner grosvenor fund management’s london office fund for £54 million.

* Sale price represents a net initial yield of 3.9% and is slightly above june 2014 book value Source text for Eikon: Further company coverage:

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