Global Investors has acquired a 拢265m (鈧�305m) London office asset from Immobilien.
The asset manager has bought the fully-let Atlantic House asset located at 45-51 Holborn Viaduct on behalf of a pan European fund.
The 256,900sqft asset, built in 2001, is arranged over 12 floors with 7,600sqft of ancillary retail on the ground floor.
The asset is let to Hogan Lovells International for a further six years.
Richard Dean, the head of UK real estate execution at CBRE Global Investors, said: 鈥淎tlantic House offers the opportunity over the medium term to create a best in class office building in a top-quality location.
鈥淚ts acquisition underlines our belief that the best office assets will continue to be in demand from both an occupier and investor perspective,鈥�
TT&G and Linklaters advised CBRE Global Investors. Savills and Simmons & Simmons advised Deka.
John Heaver, director in strategic investment advisory at Savills, said: 鈥淎tlantic House is a fantastic example of Deka鈥檚 long term investment strategy to selectively acquire high-quality core real estate in gateway cities, drive performance and exit opportunely.鈥�
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