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Blackstone-backed Office Group pays more than £100M for London building

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Blackstone-backed Office Group pays more than £100M for London building

Office Group bought the Chancery House building in London for more than £100 million, IPE Real Assets reported, citing a statement from the U.K. flexible workspace provider.

The transaction marks the largest London property investment for the Blackstone Group Inc.-backed company thus far, according to the report.

Canada's Public Sector Pension Investment Board was the seller of the 150,000-square-foot property, the report noted.