April 26, 2002
Adam Coffer (Estates Gazette) Kensington Offices Change Hands for London Low Yield
A private Irish investor has bought 2 Kensington Square, WB, in a deal reflecting one of the lowest yields this year in central London.
The investor paid a private client of Godfrey Vaughan £10.1m, a 5.79% initial yield for the 22,000 sq. ft. (2,043 sq m) building, which is let to Viacom.