A joint venture between real estate private equity funds managed by affiliates of Ares Management Corporation and London-based real estate group Black Mountain Partners has acquired 68 King William Street, London EC4.
The 11-story office and retail building is located at the head of London Bridge and was often referred to as “the gateway to the city.”
Located directly above Monument station and in one of the busiest pockets of the Square Mile, it is currently home to a diverse mix of office, food and beverage, and retail tenants. The Wolesley, the historic restaurateur, will be opening its second location at 68 King William Street and will occupy the ground floor of the 97,538-square-foot building, while the remaining floors will be taken up by Pure Gym and Spaces, the co-working offshoot of Regus. All openings are subject to planning approval.
Oliver Corlette, CEO of Black Mountain Partners, said, “The acquisition of an asset of this stature and profile i
