Sharps UK HQ sold for £20.6m

28 May 2007

4 Furzeground Way, Stockley Park, Heathrow has been acquired by Sireo Immobilienfonds for £20.6 million reflecting a net initial yield of 6% from clients of Orchard Street Investment Management.

4 Furzeground Way, Stockley Park is currently let to Motorola Ltd and is Sharp Electronics (UK) Ltd UK Headquarters and comprises 38,362 sq ft.

Knight Frank represented clients of Orchard Street Investment Management; King Sturge represented Sireo Immobilienfonds.

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.