A weekly round up of the latest property news from the central London boroughs

City of London

PW reports that Pacific Eagle will make its debut real estate purchase buying 71 Queen Victoria Street for around £220m – a 4.5% yield.

EG reports that Allegra European Holdings has instructed Knight Frank to sell 5 King William Street for offers in excess of £101m – a 4.17% NIY.

Hammersmith & Fulham

PW reports that Westbrook Properties has leased 30,000 sq ft across six deals at the Aircraft Factory in Hammersmith at record rents of up to £59/sq ft.

Islington

British Land has sold 31-41 Liverpool Road to Lothbury investment Management in an off-market deal for £63.4m – a sub 4% yield.

Kensington & Chelsea

EG reports that McGrove Developments has submitted new plans for the Clearings on Draycott Avenue. The proposed number of flats has increased from 69 to 78.

Southwark

EG reports that Hermes Investment Management has sold Bramah House in Bermondsey to Canada Life for £14.2m – a 4.48% yield.