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TH Real Estate purchases London office building

by Zoë Wolff

TH Real Estate has purchased 169 Union Street in London from Oxygen Asset Management for £90 million ($137.6 million).

The four-story office building is 100 percent leased through 2027 to the London Fire Department.

Oxygen Asset Management purchased the 117,392-square-foot building in 2011 for $81 million from HDG Mansur.

According to Real Capital Analytics, this is TH Real Estate’s third purchase in London this year, having also purchased a hotel and a senior housing property for approximately $25 million each.

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