Aviva Investors completes acquisition of London office asset

Aviva Investors has fully acquired New Broad Street House, a historic office building in the City of London, through its REALTAF fund. 

New Broadstreet House

This acquisition strengthens Aviva Investors' presence in London's premium office market, complementing their existing portfolio, which includes One Liverpool Street, 101 Moorgate, and 130 Fenchurch Street.
New Broad Street House, built in 1907 and renovated in the 1980s, offers over  9,476 m2 of office space and retail units near Liverpool Street station. 
Aviva Investors is exploring the potential to add up to 9,290 m2 of prime office space, aligning with the City of London's 2040 development plan, similar to their proposed 31-story tower redevelopment at 130 Fenchurch Street.
Ed Atterwill, head of Central London at Aviva Investors, said: "We are pleased to grow our investment into the City of London, adding to a number of prominent schemes at Liverpool Street, Moorgate and Fenchurch Street. The Square Mile is one of the strongest performing locations in the capital, whilst its office market remains a key conviction sector for us. We look forward to working with the City of London in unlocking future development prospects that help it get ready for the future by supporting its strategic priorities, creating potential co-investment opportunities with capital allocators, and presenting those plans in due course."