Publications

- May 1, 2012: Vol. 6, Number 5

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Evans Randall Buys in London’s Docklands

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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.

 

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