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AEW, partner ink deal to buy London asset for £180M

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AEW, partner ink deal to buy London asset for £180M

AEW Capital Management LP and Thor Equities inked a £180 million deal to acquire the 100 New Oxford St. property in London's West End.

Tishman Speyer is the seller of the mixed-use property.

AEW's interest in the building is being financed through a club deal comprising two German investors, according to a company release.

The 106,404-square-foot asset features six prime retail units and two restaurants across 18,507 square feet on the ground floor, along with 87,897 square feet of grade A office space over six upper floors.

The fully leased building has 16 tenants including Shake Shack, Jessops, Costa Coffee and All Bar One on the ground floor, and Shisheido, WME Entertainment and Stanhope PLC on the upper floors.