Macquarie Capital Principal Finance acquires stake in 17 Columbus Courtyard
London, 17 Jan 2020
- 17 Columbus Courtyard acquired from CWT International for £110.2 million
- Development is a waterfront office building in London’s Canary Wharf
Macquarie Capital Principal Finance (Macquarie) in a joint venture with Sun Hung Kai & Co and DPK Quay Limited, has acquired 17 Columbus Courtyard from CWT International Limited for £110.2 million.
17 Columbus Courtyard (17CC) is a c. 188,000 sq. ft waterfront office building in London’s Canary Wharf. Built in 1999, 17CC is composed of 10 floors and is leased in its entirety for the next five years.
Alexi Antolovich, Global Co-Head Real Estate, Macquarie Capital Principal Finance said: “This investment represents a compelling opportunity in an attractive office market with excellent growth and value add potential”.
The transaction was signed in December 2019, however the terms remain undisclosed.
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About Macquarie Group
Macquarie Group Limited (Macquarie) is a diversified financial group providing clients with asset management and finance, banking, advisory and risk and capital solutions across debt, equity and commodities. Founded in 1969, Macquarie employs 15,704 people in 31 markets. At 30 September 2019, Macquarie had assets under management of £309.2 billion. For further information, visit www.macquarie.com.
About Macquarie Capital Principal Finance
Macquarie Capital is the advisory, capital markets and principal investment arm of Macquarie Group. Macquarie Principal Finance, the principal investment business, provides flexible primary financing and secondary market investing solutions for corporate and commercial real estate clients across North America, Europe and Australasia. Since 2009 Macquarie’s Principal Finance team has provided financing and investment capital on a flexible and bespoke basis for over 500 companies, deploying over £22 billion globally.
Recognising that every client is different, Macquarie Principal Finance expertise goes beyond traditional financing to adapt solutions to meet individual client needs. For further information visit www.macquarie.com/us/corporate/financing/principal-finance.