LONDON-Orchard Street Investment Management LLP has acquired Buchanan House in London for the Orchard Street Special Situations Fund II. Great Portland Estates sold the property to Orchard Street for GBP 20.5 million.
Buchanan House, located on the corner of Fetter Lane and Holborn, consists of 48,524 square feet of office space on seven upper floors and HSBC's 17,853-square-foot banking unit on the basement and ground floor. BNP Paribas advised Orchard Street and DTZ advised Great Portland Estates in the sale. For the full story, go to Europe Real Estate .
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