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AXA Investment Managers to sell London office building

  • Region:

    United Kingdom

  • Sector:

    Real Estate, Banks

  • Deal Size:

    $389 million

  • Buy Side Company:

    NorthStar Realty Europe, China Resources Land Limited
  • Sell Side Company:

    Axa Real Estate Investment Managers
  • Target Company:

NorthStar Realty Europe and China Resources Land Limited will acquire London-based 20 Gresham Street, a trophy office building, from AXA Investment Managers. The deal is valued at 300 million pounds - approximately $389 million. The building is currently leased to blue chip financial services firms including ICBC Standard Bank Plc, TSB Bank Plc, Sacker & Partners LLP, and TLT LLP.

Tags:

Real Estate