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AXA Acquires Ropemaker Place for $700M

LONDON—The British Land Company PLC was the seller. AXA led the acquisition of the 20-story building in City of London on behalf of three clients—one from Europe and two from Asia.

By David Phillips | Updated on March 12, 2013

(Watch for GlobeSt.com’s exclusive MIPIM video interview with AXA chief investment officer Dennis Lopez as a followup to this story next week.)

LONDON—AXA Real Estate Investment Managers has sealed a deal to buy a prime office building in the City of London for more than $700 million (£472 M). AXA lead the acquisition of the Ropemaker Place building on behalf of three clients—one from Europe and two from Asia. The British Land Company PLC was the seller.

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