© 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
Should You Focus on LinkedIn or Facebook When Growing a B2B Business?
News
21/04/2022Should You Focus on LinkedIn or Facebook When Growing a B2B Business?

Should You Focus on LinkedIn or Facebook When Growing a B2B Business? Facebook and LinkedIn are great platforms for your business. However, they aren’t the same. Facebook is great for brands that are trying to reach their customers directly. It earns you a l

Read Full PostRead - Eye Icon
Wage Disputes 101: Your Rights as an Employee and How to Fight for Fair Pay
Legal
26/03/2026Wage Disputes 101: Your Rights as an Employee and How to Fight for Fair Pay

It may be vital to be properly compensated for your labor, but it is also your right. Yet, wage conflicts occur more regularly than most workers think, whether through unpaid overtime or unpaid wages. If something seems wrong, it is a good idea to investigate

Read Full PostRead - Eye Icon
Tech Trends for Charities in 2023
News
10/05/2023Tech Trends for Charities in 2023

The charity sector is bouncing back from three years of disruption – and technology is at the heart of the recovery.

Read Full PostRead - Eye Icon
Canva Study Reveals Data Paradox: 78% Experience Data Anxiety Despite Training
News
04/06/2025Canva Study Reveals Data Paradox: 78% Experience Data Anxiety Despite Training

Global survey of more than 2,400 marketing and sales professionals reveals that while data dependency is growing, data competence lags, hindering productivity.

Read Full PostRead - Eye Icon
Suite Success
Leadership
01/11/2016Suite Success

In 1994, Edward and Sarah Bence arrived as new owners of Brixham’s respected Berry Head Hotel. Since then, with their family, they have transformed it into a much-loved jewel at the heart of the community.

Read Full PostRead - Eye Icon
Preserving a Heritage of Excellence
Innovation
23/05/2018Preserving a Heritage of Excellence

Proserv is a global leader with a worldwide presence, offering a fresh alternative in the delivery of engineering and technical services to the energy, process and utility markets.

Read Full PostRead - Eye Icon
The Financial Impact of Employee Happiness: More Than Just a Paycheck
Finance
17/07/2023The Financial Impact of Employee Happiness: More Than Just a Paycheck

If you want to take more care of your employees, you’ve come to the right place. Let’s look at how employee happiness functions and how you can improve it.

Read Full PostRead - Eye Icon
Some Clever Ways To Save Money As a Startup in 2024
News
09/08/2024Some Clever Ways To Save Money As a Startup in 2024

Running a startup often comes with lots of excitement and energy and if you have raised some initial capital, you may be inclined to spend it to grow. But with most startups that are not revenue making in their first few years, this capital can run out pretty

Read Full PostRead - Eye Icon
Fox Three Partners, LLC Acquires Walashek Industrial & Marine, Inc.
M&A
26/02/2016Fox Three Partners, LLC Acquires Walashek Industrial & Marine, Inc.

Fox Three Partners, LLC, a private investment company focused on the lower middle market, announced today the acquisition of Walashek Industrial & Marine, Inc. Fox Three partnered with WIM management, Frank and Paula Walashek, in the purchase.



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