Triuva Kapitalverwaltungsgesellschaft has acquired a fully let, mixed-use property in the City of London from TH Real Estate.
Located in the direct vicinity of the Bank of England, the freehold asset at 62-64 Cornhill was acquired in an off-market transaction for circa £32 mln (€37 mln).
'We are delighted to again use the current market phase following the Brexit vote to secure a premium property at attractive terms,' commented Manuel DeVigili, head of investment management at Triuva.
The total lettable area of over 3,000 m² is divided between 2,300 m² of office and 700 m² of retail space. The property was initially constructed in 1988 and comprehensively refurbished in 2014, delivering a BREEAM certificate rating of 'very good'. The anchor tenant is the express mail service DHL. The building sits within the prime office core of the City of London.
Triuva was advised by Savills with Linklaters providing the legal support.
