SWIP Buys London Property
The SWIP Property Trust has acquired a London office property from the Premier Property Group (PPG) for £32.4 million (€39 million). The property, located at 60 Charlotte Street, was formerly the headquarters of Channel 4. PPG purchased the asset in 2007 and extensively remodelled the property. Tenants include the British Olympic Association, Lionsgate, National Express Group and Gaucho Grill.
Jones Lang LaSalle acted for SWIP, and PPG was represented by DTZ.