ARC Global Holdings Acquires Office Building In Guernsey For £55M
Trafalgar Court, St Peter Gy1 2 Ja, Guernsey
$55,000,000
$483/SF
Building Size
113,710 SF
Asset Type
Office
Closing
Mar 8, 2021
About this deal
AI
The office property located at Trafalgar Court, St Peter Port, Guernsey, GY1 2JA has been sold in a closed transaction. The purchase price for this property was £55,000,000. Covering a total area of 113,710 square feet, the property was acquired at a price of £484 per square foot. The transaction took place on 03/09/2021 in the Guernsey sector.
Summary of transaction details
- Property Type: Office
- Transaction Amount: £55,000,000
- Square Footage: 113,710
- Purchase Price Per Square Foot: £484
The vendor of this office property was Stenprop, represented by Paul Arenson. The purchaser was ARC Global Holdings.
Players
Market Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.29%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93