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L&G Buys Department for Business’s New London Office for £155.25 Million

Legal & General has completed the acquisition of 3-8 Whitehall Place in London from Schroders Capital’s real estate team, acting on behalf of Greater Manchester Pension Fund (GMPF), for £155.25 million, reflecting a yield of 3.5% and a capital value of £1,630 per square feet.

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