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

Camden

EG reports that The Office Group has bought the freehold of York House, a 42,000 sq ft office in King’s Cross from private investors for around £30m.

City of Westminster

EG reports that Legal & General has instructed Allsop to sell the freehold interest in 76-88 Wardour Street. It is seeking offers in excess of £89.5m – a 3.69% yield. It provides an annual rent £3.3m – an average of £69.90 per sq ft – and has several lease reviews due in 2019.

Hackney

EG reports that Avignon Capital has bought the Old School House in Shoreditch from a private individual for £5.1m – a 2.53% yield. The Grade II listed Victorian property comprises 4,588 sq ft of offices and provides a passing rent of £29.81 per sq ft.

Lambeth

EG reports that Banda Property has bought a site in Brixton for £8m to redevelop and build 16 houses. Work on the site in Mandrell Road is expected to start in September. Banda bought off market through its in-house team.

Wandsworth

EG reports that DTZ Investors, on behalf of Strathclyde Pension Fund, has bought 80-86 St John’s Road from a private investor for £107m. Strathclyde already owns 48-78 St John’s Road.