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KGAL sells London's 60 Gracechurch Street to Obayashi

KGAL Investment Management has sold the office building “60 Gracechurch Street”, with a total lettable space of 11,825 square metres, from one of its closed-end funds. The buyer is Obayashi Properties UK, a wholly owned subsidiary of Obayashi Corporation, one of Japan’s largest construction companies. KGAL’s fund investors were more…

Photos: KGAL GmbH & Co. KG