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The unwinding of !,chinan Brothers' property loan book continued this week, with the sale of a City fringe office building tor more than £2m.
GVA Grimleys corporate recoven team has sold Alift'e House, 55 Maiisell. El, on behalf of the i(tint LPA receiver. The 62,000 sq ft office block has been sold to a private Middle Eastern investor at a net initial yield of around 6.85%.
The freehold pn iperty is let by Royal Bank of Scotland for V2 years...