Grosvenor fund management has completed on the sale of Almack House in St James’s for £225m.
The 99,225 sq ft office at 28 King Street, SW1 was sold to Pontegadea, a global real estate investment fund.
The office is fully let to tenants that include Anschutz Sports Holdings, Warburg Pincus and Xstrata.
The asset was purchased originally in 1999 as a seed asset for the London Office Fund and refurbished extensively in 2009.
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