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18 days ago
BRIEF-Derwent London sells interest in copyright building
July 3, 2017 / 6:42 AM / 18 days ago

BRIEF-Derwent London sells interest in copyright building

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July 3 (Reuters) - Derwent London Plc:

* Derwent London sells the copyright building

* Has exchanged contracts on sale of its long leasehold interest in copyright building, 30 Berners Street W1 to Union Investment Real Estate GMBH

* Consideration is 165 mln stg, or 148.7 mls stg net of top-ups relating to rent free periods and a rent guarantee on vacant retail space

* Completion of sale is expected in Q4 2017 after building has been completed Source text for Eikon: Further company coverage:

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