Brookfield acquires a central London commercial property
Brookfield acquires a central London commercial property
  Deals  |  Mixed Use

Brookfield acquires a central London commercial property

The office portion is 96 percent leased and the retail area is fully leased.
RE+D magazine
28.06.2022

Kingboard Holdings has struck a deal to buy a central London commercial building for £293.6 million ($360 million), snapping a four-and-a-half-year pause in UK acquisitions for the Hong Kong-based laminates maker and property investor.

The 16-storey building, called 2 London Wall Place, provides 187,200 square feet (17,391 square metres) of Grade A office space and 1,500 square feet of retail space, Kingboard said Wednesday in a filing with the Hong Kong stock exchange.

The office portion is 96 percent leased and the retail area is fully leased.