Maya Capital has acquired 24,228 sq ft of retail and showroom accommodation at 137-167 Fulham Road in London for circa £20m in a deal reflecting a yield of 9%.
The asset, which is located in the Royal Borough of Kensington and Chelsea, is home to a number of high end brands including OKA, Janus et Cie and Poltrona Frau.
David Pralong, managing partner of Maya Capital, said: “We are thrilled to announce the successful acquisition of this prime retail asset in London. We continue to select the best assets in European cities to create value for our investors.
“We remain keenly focused on central urban locations where we continue to see substantial investment opportunity to improve the landscape of cities having mandates to acquire value-add offices, living assets, retail and urban warehouses.
Maya Capital was advised by Knight Frank.
