Abu Dhabi sovereign wealth fund to sell Regent Quarter

Abu Dhabi’s sovereign wealth fund is preparing for a £270m sale of a complex of buildings next to King’s Cross station, N1. The Abu Dhabi Investment Authority, which is advised by LaSalle Investment Management, is understood to be close to appointing Cushman & Wakefield and CBRE to market its 250,000 sq ft Regent Quarter development, N1. The guide price is expected to be more than £270m, although the yield at that price is currently undisclosed. Across three phases of development with as many as 30 buildings, the scheme covers nearly 200,000 sq ft of fully let offices as well as some