Henderson Park has made its first investment in London's office real estate market with the acquisition of the 147,000-square-foot Athene Place building at 66 Shoe Lane for an undisclosed price.
Property Week reported that the property was placed on the market in June 2017 with an asking price of £120 million.
The European real estate investment company acquired the property, which is less than 4% vacant, from Commerzbank AG subsidiary Commerz Real, using senior debt from Blackstone Real Estate Debt Strategies.
The company will work with Endurance Land Ltd. to "deliver a high quality asset for this part of the City," Nick Weber, founding partner of Henderson Park, said in a release.
