Bywater Properties has acquired 34 Foubert’s Place, a 20,350 square foot office in London’s West End, for £22million.
The prominent freehold corner property, off Carnaby Street, reflects Bywater’s strategy to build a UK-wide portfolio of sustainable assets in key locations.
Patrick O’Gorman, Bywater CEO, says, “We remain committed to our vision of delivering future-facing buildings with minimum impact on the planet — 34 Foubert’s Place will play a key role in helping us achieve this and speaks to our focus on retaining existing buildings where possible and improving their sustainability qualities.”
Hanover Green’s Guy Harris and Simon Beckett advised Bywater on the deal, while JLL advised the vendor UK Commercial Property REIT, from abrdn.