Sotetsu and Yasuda completed the acquisition of a 20% minority stake in 21 Moorfields from Lendlease.

Sotetsu, a real estate development and property management company, and Yasuda, a real estate company, completed the acquisition of a 20% minority stake in 21 Moorfields, an office development, from Lendlease, a real estate and investment company. Financial terms were not disclosed. "This transaction sees Lendlease introduce new capital partners to the UK market, and highlights the continued appeal of high-quality, well located and sustainable office buildings. It also builds on our network of global partners as we increase scale across our international Investment Management platform,” Justin Gabbani, Lendlease CEO of Investment Management.