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      Acquisition of mixed-used property

      One Clink Street, London, SE1

      Client
      Nuveen Real Estate’s Central London Office Fund (CLOF)

      Price
      £18.8m

      Net yield
      5.70%

      The freehold property is located in the thriving South Bank district next to Borough Market. Being a former Victorian warehouse, the building was extensively refurbished and extended in 2017. It is a mixed-use property including the Clink Street Museum, Gourmet Burger Kitchen, 4 office floors and 3 apartments. The accommodation totals approximately 22,975 sq ft (2,134 sq m).

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