London-based asset manager LGIM Real Assets (Legal & General), on behalf of its UK property fund, has completed the acquisition of Quayside Bristol for 27.75 million pounds ($34.2 million).
Quayside consists of three highly prominent buildings located within the heart of Bristol’s central business district and the Temple Quarter.
Quayside Bristol, which comprises DAS House, North Quay House and South Quay House, provides 96,347 square feet of lettable office accommodation in a waterfront location.
LGIM Real Assets, a division of Legal & General Investment Management, acquired the buildings, which are just a short walk from Temple Meads station, from DAS and insurer ERGO Group.