Hayfin Capital Management has acquired 70 St Mary Axe, the iconic office building in the City of London, in partnership with Capreon from Nuveen Real Estate.
Renowned for its distinctive design and benefiting from an outstanding location in the City of London, 70 St Mary Axe is a 21-story class A office tower developed by Nuveen and opened in 2019. The asset features high-quality amenities and ESG standards, receiving BREEAM Excellent certification. The property is currently fully let to 13 blue-chip tenants, including multinational law firm Sidley Austin LLP, and is nearby to both Liverpool Street and Bank stations. With the City of London accounting for one in every five financial services jobs in the United Kingdom and generating more than £100 billion ($133 billion) in economic output in 2023, Hayfin expects the building to continue benefiting from strong economic fundamentals and growth opportunities in the area.
The transaction was majority-funded by Hayfin and
