On behalf of one of its deal-specific funds, Oryx has acquired the shares in the company owning 3 Bunhill Row, a freehold office property fully let to the international law firm Trowers & Hamlins.
3 Bunhill Row was developed by Helical Bar and comprises c.101,500 sqm of office space across lower ground, ground and seven upper floors. The freehold property is in a prime location, close to Moorgate station, between the Cass Business School and Slaughter and May’s offices. It is fully let to Trowers & Hamlins on an FRI-basis until January 2031. The investment forms part of Oryx’ income strategy but has asset management potential in the medium- to long-term.