A consortium made up of Hong Kong-based real estate company Wing Tai Properties, Top Paramount, Champion SPV and Sparkle Delight is buying a £255m (€295m) London office asset from Henderson Park.

Wing Tai said it has formed the joint venture has agreed to buy the 11-storey building situated at 66 Shoe Lane, London EC4A 3BQ, formerly known as Athene Place.

The asset has 153,462sqft of office and ancillary space and approximately 4,196sqft of retail space.

Henderson Park acquired the asset in June 2018 for £101m from Commerz Real after Deloitte vacated the building. Henderson Park undertook a full refurbishment. The building is currently leased to former occupier Deloitte.

Nick Weber, founding partner of Henderson Park, said: “We acquired Athene Place in June 2018 after the Brexit referendum with a view to undertaking a full refurbishment to create a first-class, prime new workplace that could meet the specific needs of the modern occupier both now and in the future.

“We put a strong focus on technology, sustainability and, with features such as roof terraces and enlarged balconies providing fresh air spaces, the wellness of personnel.”

Weber said this sale to the consortium led by Wing Tai Properties underlines the ongoing appeal of prime, well let London offices to international investors and the “important role we believe they will continue to play in the daily working life of the future”.

“At the same time this transaction allows us to conclude our business plan for Athene Place, ahead of schedule, and deliver a positive return for our clients.”

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