Deal Snapshot
CLS HOLDINGS TO BUY HARROW, UK PROPERTY FOR GBP 13.8M
Friday 15 November 2019

UK commercial property investor CLS Holdings plc (LSE: CLI) has unconditionally exchanged contracts to acquire One Six Six on College Road in Harrow for GBP 13.8m (USD 17.77m) excluding costs, the firm said.
Completion is expected in January 2020. One Six Six compromises 34,655 sq. ft (3,220 sqm) of modern office space in Harrow. The property is currently multi-let to eight tenants with a WAULT of 4.8 years to breaks (7.9 years to expiries).


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Details
Date Published: 15/11/2019
Target: One Six Six on College Road in Harrow
Country: UK
Deal Size: 17.77m (USD)
Sector: Construction/Real Estate
Type: LBO
Financing: Cash
Status: Agreed
Vendor:
Buyer: CLS Holdings plc
Comment:


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