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Hannover Buys London Office For £139M
German investment manager Hannover Leasing has acquired a trophy City office building for £139 million.
German investment managerHannover Leasinghas acquired a trophy City office building for £139 million,Property Magazine Internationalreports. TheCrown Plaza, which was sold by theGreycoat Central London Office Development Fund, is let to companies such asPinsent MasonsandCrown Place Financial.
The office building is earmarked for a closed-end real estate fund. The buyer was advised byFranc Warwick, while the Greycoat Central London Office Development Fund took advice fromCB Richard Ellison the deal.
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