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JLL and Eastdil bring £170m 90 Long Acre to market

Jones Lang LaSalle and Eastdil Secured have been appointed to sell 90 Long Acre in Covent Garden for an expected £170m, which will likely prompt the early repayment of the £123m outstanding debt ahead of its maturity in just over 18 months’ time.
By James Buckley
September 21, 2012 | 5:55 P.M.

CoStar News first revealed earlier this month that the prestigious 194,000 sq ft WC2 block was being prepared for sale, with the expected £170m price reflecting a 5.5% initial yield.

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