Legal & General : Managed Fund continues acquisitions with prime London West End office asset

Legal & General ("L&G") on behalf of its Managed Fund has acquired 30 Golden Square, a newly refurbished Grade A office building in London's West End. This is the 12th acquisition for the fund this year, demonstrating its ongoing commitment and optimism for the sector.

30 Golden Square, which is situated in the heart of London's Soho, is a freehold building comprising 32,492 sq. ft of Grade A office and ancillary accommodation arranged over basement, ground and seven upper floors and five external private terraces, a communal roof terrace and a communal business lounge. The building is currently multi-let to five office occupiers and one retail occupier. Constructed in 1999, 30 Golden Square underwent a comprehensive back to frame refurbishment in December 2023 and is currently targeted to achieve BREEAM 'Excellent', EPC A and zero emission aligned with UKGBC net zero.

This acquisition aligns with L&G's offices investment strategy in that it has facilitated access to high quality real estate in one of the most sought-after London locations. The building is also in close proximity to other L&G assets enabling further synergy across its London office portfolio.