© Copyright Acquisition International 2026 - All Rights Reserved.

Article Image - Blackstone Acquire Office Building in London for $400m
Posted 1st April 2015

Blackstone Acquire Office Building in London for $400m

Blackstone Group LP, the world’s largest private-equity investor in real estate, agreed to buy an office building in the City of London financial district for $400 million from Land Securities Group Plc.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Blackstone Acquire Office Building in London for $400m

Blackstone Acquire Office Building in London From Land Securities

View Biography

Blackstone Group

Acquirer

Land Securities has exchanged contracts to sell its 95% stake in Times Square, London, EC4, to real estate funds managed by Blackstone for £268.4 million. Completion will be at the end of July.

The 380,000 sq ft office building at 160-162 Queen Victoria Street is fully let to six office tenants, including Bank of New York Mellon and law firm Dechert, until 2023.

Colette O’Shea, Managing Director, London Portfolio at Land Securities, said: “We’ve recently carried out some lease regearing activity at Times Square, and its sale reflects our strategy of recycling capital into our significant development programme.”

Anthony Myers, Head of Real Estate Europe at Blackstone, said: “This is our fourth investment in London as part of Blackstone Property Partners’ Core strategy, following the most recent acquisition of 125 Old Broad Street.  Times Square fits the Core strategy extremely well as a high quality, well-leased asset in the centre of a global gateway city.”

Strutt & Parker acted on behalf of Land Securities and BNP Paribas advised Blackstone.

Categories: Finance, M&A


You Might Also Like
Read Full PostRead - Eye Icon
Auctioneering CFO of the Year 2025 (Italy): Alessandro Consoli & Financial Leadership Excellence Award 2025
Finance
04/11/2025Auctioneering CFO of the Year 2025 (Italy): Alessandro Consoli & Financial Leadership Excellence Award 2025

In a sector increasingly shaped by internationalisation, regulatory complexity, and agile competition, Finarte stands out as a leading Italian auction house with a rich legacy and a forward-looking strategy.

Read Full PostRead - Eye Icon
Lawrence Grant Chartered Accountants
Finance
03/06/2016Lawrence Grant Chartered Accountants

Lawrence Grant Chartered Accountants has been providing accountancy services and tax advice to 100’s of individuals, sole traders, corporate businesses and multi-national clients across Middlesex and the Greater London area since 1969.

Read Full PostRead - Eye Icon
British Land Exchanges £733 Million of Joint Venture Properties With Tesco
Finance
23/03/2015British Land Exchanges £733 Million of Joint Venture Properties With Tesco

British Land announces it has completed a £733 million property exchange transaction with Tesco. Under the terms of the transaction, British Land has sold its 50% interest in a joint venture portfolio of 21 stand-alone foodstores to Tesco and acquired Tesco's

Read Full PostRead - Eye Icon
Praxisifm Acquires Nerine
M&A
27/06/2018Praxisifm Acquires Nerine

It is the fourth acquisition in two years for the Channel Islands-based Group which has seen it grow from employing 300 staff in the summer of 2017 to 520 following completion of the acquisition.

Read Full PostRead - Eye Icon
Chandani – 2016 Influential Businesswoman Awards
Finance
29/06/2016Chandani – 2016 Influential Businesswoman Awards

Acquisition International Magazine is proud to recognise Ms. Asma Chandani as the ‘Most Influential Woman in International Asset Management’ and as principal in the ‘Most Innovative Asia Investment Firm – USA’ in its 2016 Influential Businesswoman Aw

Read Full PostRead - Eye Icon
How to do Estate Planning Properly
News
29/08/2023How to do Estate Planning Properly

Estate planning is the process of designating who will receive your assets in the event of your death or incapacitation. Having a well-thought-out estate plan is the most reliable way to ensure that heirs and beneficiaries correctly receive the assets. More of

Read Full PostRead - Eye Icon
Making a Grand ‘EXtrance’ in Investment Management
Finance
04/06/2024Making a Grand ‘EXtrance’ in Investment Management

As the pioneer of the first bespoke all-in-one investment platform, EXtrance is changing the way that investments are being carried out in the modern world.

Read Full PostRead - Eye Icon
Successful Multi Disciplinary Law Firm
Legal
23/10/2017Successful Multi Disciplinary Law Firm

Successful MultiDisciplinary Law Firm

Read Full PostRead - Eye Icon
CEO of the Month, Belgium: Jan De Backer, FLUIDDA
Leadership
28/10/2015CEO of the Month, Belgium: Jan De Backer, FLUIDDA

FLUIDDA develop proprietary diagnostics for lung diseases, such as asthma, chronic obstructive pulmonary disease and lung fibrosis.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow