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Patrizia completes sale of Manchester office asset for £45.1 million

Patrizia Immobilien AG's ‘UK Value 2’ fund has completed the sale of Peter House, an office asset in Manchester, to BP Pension Fund for £45.1 million (c. €51.8 million). The transaction price reflects a yield of 5.12%.

Peter House comprises 94,654 sq ft and is located on Oxford Street in M1 5A...

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