Egan Lawson - London, 29-35 Great Portland Street

Date: 03 Jul 2009

Egan Lawson, acting on behalf of Mountcharm Limited has bought an office, restaurant and show room investment at 29-35 Great Portland Street, London, W1 from Great Portland Estates for £7m reflecting a net initial yield of 6.8%.

The 15,569 sq ft building is let to multiple tenants including AXA Insurance PLC and Buffet Central Ltd. The investment produces a total income of £505,000 per annum. Savills advised Great Portland Estates.

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