The Capital Trust Group has sold an office building in Walton Green.
The office development is located at Halfway Green and is currently the UK headquarters for KIA Motors UK.
The purchaser was Aberdeen Asset Management.
The building is 30,870 sq ft in size and the sale price was reportedly £16.3m
This would reflect a net initial yield of 5.15%.
Aberdeen Asset Management was represented by BNP Paribas.
The Capital Trust Group was advised by Knight Frank.