St Anselm

7-11 Princes Gate - Sold

31 August 2010

The freehold of the 1930's mansion block known as 7-11 Princes Gate has been sold for an undisclosed sum, believed to be significantly in excess of the current book value.
The disposal of the Company's interest in the property continues it's stategy in realigning the property portfolio. The proceeds of sale have been earmarked for future commercial property acquisitions within the Midtown area of central London.