International real estate developer HB Reavis bought the freehold interest in 61 Southwark Street from Aberdeen Asset Management for £44 million.
"This is our third acquisition in Central London, showing our commitment to careful site selection in locations with limited supply and a diverse tenant base. We buy into areas which will benefit from genuine regeneration through improved access to public transport and local amenities. This will continue to drive tenant demand in these central locations", commented Tomas Jurdak, Managing Director of HB Reavis UK.
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