Trophaeum Acquires New Bond Street Retail Property In London For £130M
144 146 New Bond St, Mayfair, London W1 S 2 Tr, Uk
$130,000,000
Building Size
—
Asset Type
Retail
Closing
Feb 12, 2020
About this deal
AI
144-146 New Bond Street in London has been sold for £130,000,000. This retail property, located on one of London's most prestigious shopping streets, was involved in a recent transaction. The property is situated in a prime location, attracting high-end retailers and offering excellent business opportunities.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: £130,000,000
- Address: 144-146 New Bond Street
- Market: London
The seller, Joseph Safra, successfully closed the deal with the buyer, Trophaeum, represented by Matt Farrell. Anthony Selwyn from Savills acted as the broker in this transaction. Savills, one of the leading real estate advisory firms, played a crucial role in facilitating the successful sale of this prime retail property on New Bond Street.
Players
London Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.12%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93