trending Market Intelligence /marketintelligence/en/news-insights/trending/fxer1g5z1zrln_piy584la2 content esgSubNav
In This List

Quintain sheds London asset for £48M


Japan M&A By the Numbers: Q4 2023

Case Study

An Investment Bank Taps S&P's Real Estate Modeling Expertise


FIMA EUROPE 2023: Exploring the Intersection of Data, Governance, and Future Trends in Finance


Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

Quintain sheds London asset for £48M

Quintain Ltd. sold the Aldermary House building at 10-15 Queen St. in the City of London to Saïd Holdings for £48 million, reflecting a net initial yield of 6.5%, Property Week reported.

The mixed-use property, which houses 15 office and five retail tenants, spans 63,631 square feet of space over basement, ground and eight upper floors, according to the Feb. 26 report.

Quintain bought all the units in Aldermary House Unit Trust, which owns the leasehold interest in the 10-story Aldermary House, in May 2014 from AFH Investment LP for £40 million in cash.