Ares approximately £160 million acquisition of a London office building

2026-02-28 19:49:51

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Viewpoint Network News: On February 28, according to media reports, alternative asset management firm Ares Management acquired the Copyright Building at 30 Berners Street, Fitzrovia, for approximately £160 million.

It is reported that the property has been leased to Capita Business Services, which in turn subleased the entire space to Netflix. The purchase price was slightly lower than the price paid by German Union Investment for the property in 2017.

This transaction is another move by Ares to deepen its presence in London’s core commercial real estate market. In recent years, the company has acquired properties including 101 New Cavendish Street and 45 Belsize Street.

Wilson Lamont, partner and co-head of European real estate at Ares, stated that this acquisition aligns with the company’s investment philosophy of focusing on high-quality assets in prime locations, which may benefit from rent growth in several secondary markets in central London.

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