LONDON-Norges Bank Investment Management and The Crown Estate have acquired Regent Street assets for a total amount of GBP 28 million. The Regent Street Partnership has purchased 1 Maddox Street and 4 Conduit Street from a private investor and pension fund practice of Aberdeen Asset Management, respectively.
The Maddox House property at 1 Maddox Street contains 17,000 square feet and was purchased for GBP 23 million. Six office tenants occupy over five floors at the Maddox Street building. For the full story, go to Property Week .
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