RX London has successfully advised Oval Real Estate on the acquisition of 3 Dorset Rise, EC4
March 2021 | News
RX London has successfully advised Oval Real Estate on the purchase of 3 Dorset Rise, EC4. The office building transacted for circa £35 million reflecting a net initial yield of 6.75% and £675 per sq. ft. Situated in the heart of Midtown the property totals 51,862 sq. ft arranged over lower ground to 8th floor. The 4th and ground floor are currently available to lease with the 4th floor delivered in CAT A + condition. The building’s communal parts will be undergoing a refurbishment as part of the on-going asset management strategy.
For further details please contact either our Capital Markets or Leasing team.