Link, advised by Patrizia, has acquired an office building located at 25 Cabot Square, Canary Wharf, London, for circa €420m. The Cabot is a rare freehold multi-let Canary Wharf office of over 44,000m² and is widely recognised as a well-established landmark in the capital city. The building is located in the heart of Canary Wharf and benefits from outstanding connectivity to London’s extensive transport network. This Grade A asset which underwent extensive refurbishment and extension work over six years to March 2020 offers highly stable and secure rental income backed by strong tenants such as Morgan Stanley and UK government departments.
