Barings, a global investment management firm, completed the acquisition of the office assets in the City of London from DWS, an asset management firm, for $94m. “This was an attractive opportunity to acquire a well-located office asset that offers both income in the short term alongside significant reversionary potential following a comprehensive refurbishment programme. Offices in central London still have immense appeal to occupiers that are keen to attract and retain talent by providing best-in-class space that can facilitate hybrid working not just through the quality of its facilities, but also its proximity to both transport connections and a range of local amenities that will encourage staff to return to the office," Darren Hutchinson, Barings Managing Director and Head of UK Real Estate Transactions.