Dukelease and Henderson Park have acquired the freehold Ibex House building from Israeli pension fund Harel Insurance & Financial for £121,250,000, and features a mix of retail, restaurant, office and gym accommodation arranged over basement, ground and eight upper floors.

Henderson Park and Dukelease Properties plan to alter and refurbish Ibex House over time, optimising it as a prime commercial space in the capital. At the time, the building is let to multiple tenants, including Breast Cancer Now, Capita and BBC Media Action.

Richard Leslie, CEO, Dukelease Properties said: “We are pleased to be moving forward with this exciting development alongside Henderson Park. Ibex House is a great investment opportunity in this zone one area, and we’re looking forward to making improvements to the building that will increase its commercial offering in this prime location."