Savills IM buys £267m London office
Savills Invesment Management buy central London office property from Almacantar. Company has pay £267m for London office.
Savills Investment Management, purchased London office for launch a European property fund for Korean institutions early next year.The building was built in 11 floors.The building consists of a total of 190,000 square meters.
140,000 square meters of office space is rented to WeWork for 20 years. The area of 37,000 square meters will be rented to five companies.
Alistair Ennever, the transaction manager, Savills Investment Management, said: “Savills IM is delighted to have advised Vestas Investment Management and its Korean institutional investors on the acquisition of 125 Shaftesbury Avenue.”
Ennever added in statement “We look forward to managing this building as the location develops and continuing our partnership with Vestas and its investors in future transactions.”
Sevdenur Demir/ realestatecoulisse.com
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