CPPIB, ING To Sell London Property for £190M

Canada Pension Plan Investment Board and ING have jointly put up a London property for sale for £190 million.

Canada Pension Plan Investment Board (CPPIB) and ING have jointly put up a London property for sale for £190 million, Property Week reports. The property 1 Bunhill Row in the City of London is being sold through an 80:20 joint venture.

The deal is believed to represent a yield of around 5.25 percent. The transaction will be managed by Jones Lang LaSalle.

Click here for the story from Property Week.