Time:Mar 27, 2017 11:16 AM From: Author: Font size:BigMiddleSmall Print

Beijing SHOKAI International successfully acquired 2 Fleet Place, an A-level office building in London EC4M, also as Fleet Place House, from Grosvenor London Office Fund (GLOF) for £96.5 million. The deal is Beijing SHOKAI International’s third high-quality investment property in London, after Friary Court in October 2015, 30 Crown Place in December 2016.

The building prominently sits to the south of Holborn Viaduct close to Farringdon Crossrail Station, which will connect South East London, Canary Wharf, and 5 biggest airports, and transfer the area to one of the most dynamic and fastest changing zones of central London.

Fleet Place House was purchased by GLOF in 2013 and provides high-quality Grade A office, retail and ancillary accommodation comprising approximately 91,955 sq ft arranged over basement, ground and eight upper floors. It is now let to six tenants including Just Eat, Samsung, Bevan Britain, Dimension Data, Pret and Starbucks. After brought to market by GLOF at the end of 2016, the property has attracted diversity investors from the domestic UK, American and Asian. Following a competitive bidding process, it has now been sold to Beijing SHOKAI International.