Ho Bee Land £129 million acquisition of 67 Lombard Street

20/6/2017
Private acquisition

£ 129 million

$ 166.858 million

Announced

20/6/2017


Overview:

  • Ho Bee Land, through subsidiary Stream Field Investments has acquired 67 Lombard Street in London from Green Property Holdings.
  • The development is a 94,000 square foot Grade A office building in the City of London.
  • According to CoStar, the building was redeveloped in 2014 and its tenants include Arthur J Gallagher.
  • CBRE and Cushman & Wakefield advised Green Property Holdings.
  • The deal is the latest in a wave of London commercial real estate acquisitions in 2017.

Sam Duke - Editor

Jurisdiction:

United Kingdom

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

England and Wales

Industry sector:

Real estate


Firms:

Party: Green Property Holdings (Seller)


Party: Ho Bee Land (Acquirer)