Croydon office space bought by two Israeli firms

Office property in Croydon has been bought by two Israeli pension funds for nearly £80 million.

Two Israeli pension funds have bought Rent office space office spaceoffice space in Croydon for £78 million, resulting in a net yield of slightly less than 7%.

Harel and Clal have purchased the two commercial properties meaning both firms now have two properties in the UK.

The deal sees Apollo House and Lunar House come under Israeli ownership after the joint venture took over the running of the buildings from Green Property.

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