Salesforce Tower
14/06/2021 by Buildington

Madison International Realty has acquired a minority stake in Salesforce Tower.

Over 93% of the building is currently let to several companies, including the anchor tenant Salesforce.

Duck and Waffle and Sushi Samba at the top of the building and the Drift on the ground floor. The building has a BREEAM ‘Excellent’ rating for design.

Alex Lukesch, Managing Director at Madison International Realty commented: “This acquisition has allowed us to secure a stake in a prominent London office building, which we believe delivers space that meets the demands of modern occupiers looking for world class offices in one of the world’s leading financial centres.

“The investment reflects our conviction in the ongoing resilience of the office sector and the role we believe it will play post pandemic. We have observed that demand for quality, well located space remains robust, while companies are increasingly looking for properties that also have strong ESG credentials to help meet their own sustainability targets. In Heron we believe we have an experienced and highly regarded partner and we look forward to working with them on this venture.”

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