Edge, a sustainable property developer, and Mitsubishi Estate, a real-estate developer company, completed the acquisition of 125 Shaftesbury Avenue, for £150m. "The need for healthy, sustainable, and smart buildings in accessible and vibrant locations is overdue in London. The acquisition of 125 Shaftesbury Avenue demonstrates Edge’s commitment to delivering best-in-class developments, as well as further proof of the markets’ interest in our vision. We look forward to reviving this iconic site alongside our partners at Mitsubishi Estate London Limited," Fons van Dorst, Edge Managing Director UK.