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Macquarie Capital Principal Finance reaches agreement to sell London’s Tavis House for over £33 million
Macquarie Capital Principal Finance (Macquarie) has announced the sale of 1-6 Tavistock Square (Tavis House) to private equity group HIG Capital, for over £33.1 million.
Tavis House is a 10-floor office building situated on the corner of Tavistock Square in Bloomsbury, London. The property is currently held on a long-term 78-year leasehold with Bedford Estates.
Macquarie Principal Finance first acquired Tavis House in 2014, as its first commercial real estate acquisition in the UK. The building has had a sole tenant for the duration of Macquarie’s ownership and remains under a long-term lease agreement.