8 Fenchurch Place, London

A 9,174 sq m core office asset at 8 Fenchurch Place in the City of London was acquired for EUR93 million (GBP80 million) from a joint venture between ARES Management and PMB Holdings. The five-storey property, above Fenchurch Street Station, is fully let to five strong tenants and benefits from a prime location. There are a range of transport links in the vicinity which will be further improved with the arrival of nearby Crossrail at Liverpool street station in 2018. 8 Fenchurch Place is located just south of Fenchurch Street only a three minute walk from Lloyd's of London, the world's largest insurance market.