International law firm Simmons & Simmons has advised leading global real estate investment manager Deka on its acquisition on behalf of WestInvest InterSelect of Stirling Square, a prime West End office asset in London.
Valued at for £215 million, the premium property was sold by a fund managed by Tristan Capital Partners and Greycoat.
The building, constructed in 1999 and modernised in 2016 and 2022, offers around 8,700 sqm of lettable space spread across a total of seven storeys.
The purchase of Stirling Square underscores the continued confidence in high quality, well located office space in the West End, highlighting the resilience of the London office market and the ongoing appetite from international investors for best-in-class assets with strong fundamentals.
A cross border real estate, tax and corporate team at Simmons & Simmons in London and Luxembourg, led by real estate Partner Matthew Hooton, supported Deka across all legal aspects of the transaction, drawing on its deep experience in complex investment structures, tax, real estate M&A and the UK office market.
Matthew Hooton commented: “Congratulations to everyone at Deka on this important milestone for the WestInvest InterSelect Fund. We are proud to have played a part in helping our client execute its UK investment strategy and look forward to supporting them on future transactions”
