Monster Beverage's Sacks buys Stockley Park offices

RREEF Spezial Invest GmbH, the global alternative investment management business of Deutsche Bank's Asset Management division, has sold its freehold interest in 1 Longwalk Road, Stockley Park to Royal UK Properties, the UK property investment vehicle of South African-born owner of the Monster Beverage Corporation, Rodney Sacks, for circa £30m, which reflects a net initial yield in the region of 6.7%.