Clearbell sells at Hanger Lane

WestgateClearbell Capital has sold Westgate, an office building near Hanger lane, to a consortium for £28m.

Clearbell initially acquired the 150,000 sq ft Westgate in November 2014 for £15m in JV with a family office with plans to increase tenancy at the site.

Rob West, Partner at Clearbell commented, “We took the opportunity to sell this investment ahead of business plan prior to committing significant capex. The timing highlights continued activity in the UK.”

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