Cara Real Estate Acquires London Office At 7-10 Waterloo Place For £71M

The office property located at 7-10 Waterloo Place in London was sold on February 17, 2020. The transaction was completed for a total sale price of £71,000,000. The property was acquired by Cara Real Estate, with Klaus Schupp representing the buyer. The seller of the property was Barings, and their representatives in the deal were JLL, BH2, and DLA Piper. CBRE and Taylor Wessing acted as the buyer's representatives in the transaction.

Summary of transaction details

• Property Type: Office
• Transaction Amount: £71,000,000
• Address: 7-10 Waterloo Place, London
• Market: London

The sale of the property at 7-10 Waterloo Place represents a net initial yield of 4.06 per cent. The transaction involved prominent real estate firms such as Cara Real Estate and Barings, with representatives from JLL, BH2, DLA Piper, CBRE, and Taylor Wessing playing crucial roles in facilitating the deal.