Agent appointed to sell Palestra office building

Fri 29 June 2012, 3:21 pm

Property adviser DTZ has been appointed to sell the Palestra office development opposite Southwark tube station.

The building, designed by architect Will Alsop, sits at 197 Blackfriars Road and is entirely let to Transport for London until August 2026, producing an annual rent of £12 million pa, equating to £39 per sq ft. 

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