Swedish residential investor Akelius has bought a London residential scheme in Hampstead, NW3, for £42m.
England’s Lane consists of 165 flats totalling 36,734 sq ft.
Hans-Peter Hesse, country manager for Akelius UK, said: “England’s Lane is the largest single property we have purchased in London. We plan to continue cherrypicking suitable properties in 2016.”
The company owns 50,000 flats in Sweden, Germany, France, Canada, England and the United States.
Allied Property Investments (London) acted for both parties.
