© 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
The Best Practices for Safe and Efficient Freight Shipping
News
05/08/2024The Best Practices for Safe and Efficient Freight Shipping

Freight shipping is a very important part of global trade, helping businesses move goods over long distances. Getting goods ready the right way for freight shipping is necessary to make sure they reach their place safely and without problems. This needs carefu

Read Full PostRead - Eye Icon
2016 Intellectual Property Practitioner of the Year – Peru
Legal
31/07/20162016 Intellectual Property Practitioner of the Year – Peru

Over the years, Estudio Colmenares & Associados has grown to becoming the IP firm of choice in our region of Peru. Although there are a number of reasons why this is the case, we believe that our experience is what separates us form any of our competitors.

Read Full PostRead - Eye Icon
Proven Pedal Power!
Strategy
14/10/2021Proven Pedal Power!

As the world looks for green solutions, local governments around the world have been investigating ways of making their communities more environmentally friendly. PBSC Urban Solutions is a Canadian innovation that has grown into an astonishing success which le

Read Full PostRead - Eye Icon
Ambienta Acquires a Majority stake in SF-Filter AG
Finance
09/02/2016Ambienta Acquires a Majority stake in SF-Filter AG

Ambienta, the largest European private equity fund specialised in environmental businesses, today announced it has acquired a majority stake in SF-Filter AG, Zurich, a successful specialist for filter solutions with sales of about CHF 80 m.

Read Full PostRead - Eye Icon
HAVELSAN Completes Acquisition of Quantum3D
Innovation
05/10/2016HAVELSAN Completes Acquisition of Quantum3D

International Defense and IT Solutions Provider Secures its Presence as a Global Player with the Addition of U.S.-based Simulation Technology Developer MILPITAS,Quantum3D a leading provider of training and simulation solutions for government and commer

Read Full PostRead - Eye Icon
It’s Time for Retailers to Get Serious About Application Security
News
08/07/2025It’s Time for Retailers to Get Serious About Application Security

Retailers are operating in one of the most digitally exposed sectors today, and application security has become a frontline concern.

Read Full PostRead - Eye Icon
6 Financial Benefits of Regular Equipment Maintenance for Business Operations
Finance
23/03/20236 Financial Benefits of Regular Equipment Maintenance for Business Operations

You’ve probably heard the saying “if it isn't broke, don’t fix it!” Well, this doesn’t apply to business equipment. Routine maintenance is critical to ensure your business runs efficiently and you reduce operating expenses.

Read Full PostRead - Eye Icon
Competitive Risk is Key to High Acquisition Values for Revenue-Stable Tech Companies
M&A
24/10/2023Competitive Risk is Key to High Acquisition Values for Revenue-Stable Tech Companies

The tech M&A ecosystem is not exclusive to startups and tech superpowers – established companies can still pursue M&A as a viable and profitable exit strategy.

Read Full PostRead - Eye Icon
How to Make Sure AI Works for Your Business
Innovation
16/05/2023How to Make Sure AI Works for Your Business

According to 2022 statistics from the government, there are 5.5 million SMEs in the UK making up 99% of the total business population. They are the backbone of a healthy economy and generate growth and employment opportunities.



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