Office space in Croydon bought for £78 Million!

Posted on 24 February, 2011 by MOVEHUT

Clal and Harel have bought two commercial properties in Croydon, with both firms now having two properties in the UK.

Apollo House and Lunar House are now under Israeli ownership after they took over the running of the buildings from Green Property.

There is a combined total of 440,000 square feet of office space and it comes as no surprise, that there has been a long history of interest in these buildings due to covenant strength.

The buildings are situated towards the North of Croydon’s town centre and are fully let until 2023, as the UK Borders Agency has taken up residence there. The lettings have been booked without any breaks, offering superb value.

 



Related Posts


Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.


Recent Posts

Interest Rates Impact on Commercial Property

Commercial Property Investment Outlook for 2023

The best places to stay on the Riviera

The latest property data has identified Newquay as the fastest property seller’s market in the UK

Investing in your garden can increase your property’s value

French Riviera temping high-end homebuyers

How can the ownership rights of my commercial property impact a business sale?

Should I incorporate virtual property viewings permanently?

Investment expected to increase across Asia-Pacific in 2021

UK property industry slows as the conclusion of tax break looms

BNP Paribas cautioned investors on Friday as debt-trading bonanza that increased its earnings this past year

Over 300,000 property purchases fell through in 2020 – we show the most frequent motives and the best way to get your house sale back on track

House Prices in the Capital Surpass £500,000

Optimism from the Bank of England’s chief economist

The most expensive commercial properties.

Businesses operating from shared premises will miss out on grants