The Fashion Retail Academy - 7/15 Gresse Street & 12/13 Rathbone Place, W1

• 7-15 Gresse Street and 12/13 Rathbone Place has been home to the Fashion Retail Academy since 2005, who will remain in occupation until the property is comprehensively refurbished.

• Acquired on behalf of GPE.

• Price £36.5m reflecting a Net Initial Yield of 5.60% and a capital value of £847 per sq ft.