Hoi Hup Realty has sold 63 Queen Victoria Street, EC4, for more than the asking price of £45m.
Advised by Savills, the Singaporean investor sold the 43,850 sq ft mixed-use building, which is located above Mansion House Underground station and near to Bloomberg’s headquarters, to a client of Habro, a boutique commercial, mixed-use and multi-let property advisory company.
The building, which was bought by Savills on behalf of Hoi Hup in 2016 for £33.5m, contains multi-let office and retail accommodation. Current tenants include Aquis Exchange, which occupies 7,290 sq ft of office space on the second floor, and P Control (trading as Milestone), which has 4,340 sq ft on the fifth floor.
Felix Rabeneck, central London investment director at Savills, said: “We are delighted to have sold this attractive, freehold office building on behalf of our clients. The sale produced strong interest and received multiple bids, which is testament to the core location and liquid lot size. This sale underlines the continuing appeal of the central London real estate market to a broad spectrum of investors.”
Habro was advised by Knight Frank and will add the building to its existing London portfolio.
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