Site acquired
21/07/2022 by Buildington
Site acquired
AXA IM Alts, a global leader in alternative investments with c. €188 billion of assets under management, is planning to bring forward the development of a 650,000 sq ft (60,000 sqm NIA) next-generation office with exceptional environmental credentials, having exchanged contracts to acquire a long leasehold of 50 Fenchurch Street in the City of London from The Clothworkers’ Company, a 500-year-old livery company and grantmaker.
The acquisition will be completed on behalf of clients through AXA IM Alts’ Real Assets platform, the leading real estate portfolio and asset manager in Europe.
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