Monday, November 8, 2010

Aviva Portfolio Sold for £36.5M

Aviva Investors has sold a portfolio of five offices to Knight Frank Investors for for £36.5 million according to a PropertyWeek.com article. The Pentagon Portfolio comprises 290,000 square feet of office space across five properties in Bracknell, Cegedim House in Chertsey, Pinnacle in Reading and Aquasulis in Slough.

Knight Frank Investors is an investment management business set up in April of this year and fully owned by Knight Frank LLP. Aviva Investors was represented by property consultants Strutt & Parker in the transaction while BNP Paribas Real Estate advised Knight Frank.

For more news and information visit Blumberg Capital Partners.

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