B5 Stockley Park sold to CBRE Investors
7 December 2006
4 Roundwood Avenue, situated on the Thames Valley’s premier business park has been sold for £58.5m to CBRE Investors. The 125,000 ft2 Grade A office building was sold by Orchard Street Investment Management on behalf of a UK pension fund client for a net initial yield of 5.4%. The property is the UK headquarters for Electronic Data Systems and is let until 2015.
Sanderson Weatherall and Cushman & Wakefield represented the vendors and Jones Lang
Lasalle acted represented the buyer.
END
For more information:
Dido Laurimore/ Talia Shirion
FTI Consulting
+44 (0)20 3727 1000
osim [at] fticonsulting.com
Notes to Editors:
Orchard Street Investment Management
Established in 2004, Orchard Street Investment Management LLP is a leading specialist commercial property investment manager, focused on the UK market with £4.2 billion of AUM (as at 30 June 2022). It acts on behalf of institutional clients world-wide to advise on investing in and the active management of property assets, including industrial warehouses, retail warehouses, and offices.