28th Jun 2016 07:39
LONDON (Alliance News) - UK Commercial Property Trust Ltd on Tuesday said it has completed the sale of two properties for GBP45.6 million in total.
The property investor said it has sold Dolphin House, located in Sunbury-on-Thames, to an unnamed UK residential development company. The 40,000 square foot office was bought by UK Commercial Property Trust in 2006, and it had previously secured planning permission for a residential development on the site.
The trust also sold 6 Arlington Street, an 18,000 square foot property in the St James's area of central London, opposite The Ritz hotel, to a private buyer. The property includes a high-end art gallery, offices and residential apartments.
By Sam Unsted; [email protected]; @SamUAtAlliance
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