SEB Asset Management has acquired the headquarters of international law firm Osborne Clarke in Bristol, UK, for £28 mln (EUR 30 mln) including transaction costs. The 8,130 m[sup]2[/sup] class A office building was purchased for one of SEB's open-ended special real estate funds and is located in Temple Quay, Bristol's best city-centre office locality. The lease with the law firm has a term of more than 13 years. The seller is Invista Real Estate Investment Management Limited.
SEB Asset Management has acquired the headquarters of international law firm Osborne Clarke in Bristol, UK, for £28 mln (EUR 30 mln) including transaction costs. The 8,130 m2 class A office building was purchased for one of SEB's open-ended special real estate funds and is located in Temple Quay, Bristol's best city-centre office locality. The lease with the law firm has a term of more than 13 years. The seller is Invista Real Estate Investment Management Limited.
International property adviser King Struge acted for SEB in the transaction.
