Derwent London forms joint venture with Lazari Investments

LONDON, UK: Derwent London is pleased to announce three off-market West End transactions with Lazari Investments. “We have exchanged contracts to acquire two properties in London’s Knowledge Quarter1, totalling 182,100 sq ft for £214.6m inclusive of costs. The combined rent is £5.3m p.a., or c.£30 per sq ft, reflecting a net initial yield of 2.5%.…