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Great Portland Estates sells two properties to M&G Real Estate
Great Portland Estates (GPE) has sold the freehold of 78/92 Great Portland Street and 15/19 Riding House Street to the M&G Real Estate. The headline price of £49.6 million (c. €56.6 million), reflects a net initial yield of 3.9% on a topped up basis and a capital value of £1,362…
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