Evans Randall has acquired a data centre in London for £27 million (€32.4 million) in a joint venture with private investor clients from Saudi Arabia. The property — Sovereign House, 227 Marsh Wall, in London’s Docklands — was sold by a managed fund of AXA Real Estate.

The building was constructed in 2001 as offices and then converted to a data centre; it is let to a subsidiary of Telecity Group Plc, a European data centre operator.