AXA Investment Managers – Real Assets has agreed to purchase the Asticus Building, SW1, from Aberdeen Asset Managers.
The £80m deal will be the first conducted by AXA IM Real Assets’ AXA CoRE Europe Fund in the UK.
The 60,731 sq ft office is let to a number of tenants and covers basement, ground and nine other floors.
The asset has virtually zero vacancy, according to AXA IM Real Assets.
Rainer Suter, fund leader for AXA CoRE Europe, said: “The Asticus Building offers a quality, freehold office investment that creates plentiful near-term asset- and income-enhancement opportunities.”
• To send feedback e-mail mike.cobb@estatesgazette.com or tweet @MikeCobbEG or @estatesgazette
