A La Française collective real estate investment fund, represented by UK-based La Française Real Estate Partners International, has acquired its second asset in the country.
The asset is situated at 17-18 Haywards Place EC1, which is considered to be a prime Clerkenwell location in close proximity to Farringdon Thameslink and London Underground station.
The warehouse-style building, which was subject to a back to shell refurbishment and extension in 2018, now provides 11,000 square feet of grade A offices across six floors.
La Française's fund acquired the fully leased property from Pencross Assets Ltd. for a total purchase price of 15.6 million pounds ($19.7 million).