CBRE Investment Management has sold Albemarle House, 1 Albemarle Street, in London to a private investor client of CLI Dartriver for £57 million, a 4.50% net initial yield and a capital value of £2,054 per square foot.
CBRE IM sells £57 million West End office and retail block
Multilet building changes hands at 4.5% yield
By Paul Norman
CoStar News
March 28, 2025 | 2:49 P.M.
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- Albemarle House
1 Albemarle St, London, LND
- Companies
- CBRE Investment Management
Real Estate
- RX London LLP
Real Estate
- CBRE
Real Estate