Brunswick Property Partners (BPP) has acquired 163-203 Eversholt Street for £110 million for Akoya, its £1 billion London neighbourhood workplace venture. Akoya will reposition The Eversholt, giving the building a new identity, with wellness and sustainability at its heart, creating a unique experience for its occupiers.
Located in the heart of the Knowledge Quarter, in close proximity to Kings Cross St Pancras and Euston stations, this Grade II listed freehold office property was built in 1840 with five metre floor to ceiling heights. Formerly the Euston Station ticket hall, it now comprises 110,853 sq ft of office space spread across three adjoining buildings and multi let to 11 tenants, including technology companies Gentrack and Wildbrain and fashion brands Hobbs and Whistles.
This acquisition brings the Akoya portfolio to eight properties, with a value of £350 million.
Jamie Acheson, Senior Director at Brunswick Property Partners, said, “This acquisition represents a significant opportunity to refurbish an impressive listed building, in an exciting emerging occupational market with strong structural growth prospects.”
David Turner, Founding Director at Brunswick Property Partners, said, “Our Akoya workplace portfolio continues to perform well, reinforcing our commitment to make significant new acquisitions in London’s office market, where we continue to see value.”
BPP was advised by Allsop and Shoosmiths. Knight Frank advised the seller.
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