German fund manager Deka Immobilien has acquired a 10,100 m2 office building in the City of London.
German fund manager Deka Immobilien has acquired a 10,100 m2 office building in the City of London.
The property at 95 Gresham Street is located about 100 metres from The Bank of England.
Deka purchased the property for about €100 mln on behalf of Deka's institutional open-ended property fund WestInvest ImmoValue.
The vendor was Standard Life.
The property, which obtained BREAAM 'Very Good' certification was completed in 2010 to preserve the original structure's heritage-listed facade.
