28/09/2018 by Buildington
Site acquired
Norges Bank Real Estate Management has acquired a 100% interest in an office property located on 60 Holborn Viaduct for £321.3 million.
The agreement was signed and completed on 27 September 2018. The asset is unencumbered by debt, and no financing was involved in the transaction.
The seller of the property was VGV Immobilienfonds II, a fund managed by Union Investment Institutional Property GmbH.
The property comprises 219,000 square feet of office space and 17,000 square feet of retail space across five units.