Announced
Completed
Financials
Sources
Tags
Private
Friendly
Completed
Single Bidder
Cross Border
Real Estate Holding and Development
United States
commercial real estate
Acquisition
Majority
Real Estate
Synopsis
Sun Venture, a multi-asset investment firm, completed the acquisition of 120 Moorgate, a freehold property, situated in a strategic position in the heart of the City of London, from WeWork Capital Advisors, a global real estate investment company, for £148m. “We are pleased with our latest acquisition. 120 Moorgate is a striking, best-in-class asset strategically positioned to benefit from the opening of the Elizabeth Line. Our third acquisition in Central London brings our total London portfolio close to £900m and underscores our confidence in the market. It also reaffirms our strategy as a firm to expand our presence overseas,” Ong Jeun Jye, Sun Venture Head of Real Estate.
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