Stable Income European Real Estate Fund – Macquarie 2 (SIEREF-Macquarie 2), jointly advised by Macquarie Asset Management and MAPFRE, has acquired an office building in London.
Originally built in 1913, the recently refurbished historic property comprises 57,745 square feet of high-quality office, restaurant and ancillary space. Located near the Bank of England in the heart of London’s Square Mile, the building is a short distance from several underground and mainline stations, including the new Elizabeth Line at Moorgate.
The building is fully leased to tenants in the technology, banking and finance, professional services and restaurant sectors.
“London maintains its reputation as one of the world’s most dynamic and resilient cities,” said Christian Goebel, co-head of Macquarie Asset Management’s core/core-plus real estate strategy. “Our team is now seeing well-priced opportunities emerge across the market, enabling us to reposition and seek to en