Spanish real estate company Monteverde has acquired an office building in London for about EUR 100 mln. The building at 6 Bevis Marks in central London is home to the world's ninth largest insurance broker Alexander Forbes, Spanish newspaper Cinco Dias reported. Developed in 1983 and refurbished in 1990, the six-storey property provides some 10,000 m[sup]2[/sup] of office space.
Spanish real estate company Monteverde has acquired an office building in London for about EUR 100 mln. The building at 6 Bevis Marks in central London is home to the world's ninth largest insurance broker Alexander Forbes, Spanish newspaper Cinco Dias reported. Developed in 1983 and refurbished in 1990, the six-storey property provides some 10,000 m2 of office space.
'The deal represents a further step in the internationalisation strategy of the company, which is looking for expansion in the major European capitals. The company will focus on Paris and London,' said Carlos Monteverde de Mesa, head of the group. Monteverde added that it is currently in talks in relation to further acquisitions in the EU.
