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UK Commercial Property REIT sells London office for £73M

UK Commercial Property REIT Ltd. completed the off-market sale of an office property in London's Soho district for £73.2 million to Royal London Asset Management.

The 15 Great Marlborough St. property spans 49,094 square feet across nine floors and includes 10,094 square feet of retail space.

The property is fully leased. The office space is entirely let to Sony Interactive Entertainment while the retail space is occupied by Costa Ltd. and Fitness First.

The sale price is ahead of the asset's June 30 valuation.