LONDON-Evans Randall has bought Sovereign House at 227 Marsh Wall in London's Docklands for an amount of GBP 27 million. The property was originally constructed as an office building in 2001 and then it was converted into a data center by an affiliate of Telecity Group plc.
The Telecity Group subsidiary is a tenant in the building. Sovereign House was sold by a fund managed by Axa Real Estate. CBRE negotiated the deal on behalf of Evans Randall. For the full story, go to Europe Real Estate .
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