© 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
How Sergey Petrossov Applied JetSmarter and XOJET Lessons to Aero Ventures
Innovation
24/11/2025How Sergey Petrossov Applied JetSmarter and XOJET Lessons to Aero Ventures

Entrepreneur Sergey Petrossov’s three private aviation ventures share a common thread: each targets a specific inefficiency in high-value transactions through technology.  For Petrossov, who founded JetSmarter in 2012, lessons learned have compounde

Read Full PostRead - Eye Icon
Most Innovative Law Firm – Mauritius
Legal
05/05/2016Most Innovative Law Firm – Mauritius

ERRIAH CHAMBERS was set up in response to the demand for Mauritiusbased lawyers with international exposure and specialized expertise in the fields of International tax law, International trusts law, International Business laws, and all aspect of offshore busi

Read Full PostRead - Eye Icon
Global IP Industry Primed for “Digital Revolution”
Innovation
18/09/2019Global IP Industry Primed for “Digital Revolution”

IP technology leader CPA Global has today launched a new global campaign – New IP – calling on the international IP industry to radically re-imagine the business of innovation. At the heart of the campaign lies the premise that failure to put technology at

Read Full PostRead - Eye Icon
Blackstone to Acquire Majority of Serco’s Private Sector BPO’s
Finance
17/09/2015Blackstone to Acquire Majority of Serco’s Private Sector BPO’s

Private equity funds managed by Blackstone today entered into a definitive agreement with Serco Group Plc to buy the majority of its private sector Business Process Outsourcing (‘BPO’) operations

Read Full PostRead - Eye Icon
Gloo Networks PLC IPO
Strategy
04/08/2015Gloo Networks PLC IPO

Gloo Networks PLc IPO

Read Full PostRead - Eye Icon
Restructuring options for financially-distressed employers
Finance
17/03/2021Restructuring options for financially-distressed employers

Whilst support has been made available by the Government to assist employers, the pandemic has still seen huge numbers of job losses. The pain has been felt in all sectors. So, what restructuring options are available for directors to consider in the hope of r

Read Full PostRead - Eye Icon
Big Costs and Plummeting Share Prices Ahead for Companies Hit Hardest by Social Distancing
Finance
21/07/2020Big Costs and Plummeting Share Prices Ahead for Companies Hit Hardest by Social Distancing

This was particularly the case in companies with a strong connection to tourism, whereas, companies in the tech and communications sectors, were found to be hardly affected and will return to pre-COVID levels by early next year.

Read Full PostRead - Eye Icon
Why Human Behaviour is Both a Cyber Threat and a Cyber Defence
Innovation
18/10/2023Why Human Behaviour is Both a Cyber Threat and a Cyber Defence

The digital divide in cyber security is human. When we fail to acknowledge the reality of human behaviour, how people typically work, day to day, we risk undermining the progress of cybersecurity technologies and email is often the achilleas’ heel, according

Read Full PostRead - Eye Icon
BREXIT Could be Expensive – Especially for the United Kingdom
Finance
27/04/2015BREXIT Could be Expensive – Especially for the United Kingdom

Exiting the EU could cost the United Kingdom more than €300 billion.



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