Hong Kong-based real estate investment firm Gaw Capital announced that it has agreed to buy two office buildings in the London-based Harbour Exchange estate from rival Clearbell Capital for 36.2 million pounds ($47.1 million).
Gaw Capital said that it will leverage its experience in revitalisation, redesign and repositioning to add value to the purchased assets.
This acquisition will enable Gaw Capital to further consolidate its holdings at the estate.
Previously, Gaw Capital invested in the London property market, including the Lloyd’s Building, 123 to 151 Buckingham Palace Road, Milton Gate and Tower Place.