I've just seen a news report that the Serviced Office Group PLC, one of the UK's quoted business centre comapnies, said it has sold three properties to Consort Property Holdings, a joint venture company formed by the company and UBS Investment Bank, for about 10 mln stg, which lead to a profit on disposal of about 0.1 mln stg.The office space provider said it would use about 8 mln stg of that money to repay bank debt associated with those properties.
Serviced Office Group will continue to manage the three properties for a management fee of 10 pct of the combined EBITDA of the properties.

Now the report didn't specify, but the sale probably included Bowthorpe House near Gatwick airport, a long established serviced office building.