King Street Capital Management And Arax Properties Acquire Office Building In Barbican, London For £300M

Located at 125 London Wall in Barbican, London, this office property has recently been sold for a staggering price of £300,000,000. Spanning across 382,000 square feet, the property was valued at an average price per square foot of £785.

Summary of transaction details

• Property Type: Office
• Transaction Amount: £300,000,000
• Square Footage: 382,000
• Price per Square Foot: £785
• Address: 125 London Wall, Barbican, London
• Market: Barbican, London

Blackstone acted as the seller in this transaction, while King Street Capital Management, represented by David Walch, and Arax Properties, represented by Giles Morse, were the buyers. The seller's representatives were CBRE and Knight Frank, while Ropes & Gray served as the buyer's representative.