AXA Investment Managers and Morgan Capital Partners have completed the acquisition of 182 – 184 High Holborn for a total consideration of approximately £29 million.
AXA plan to refurbish the asset with Morgan Capital Partners acting as development managers. The building is currently occupied by one tenant until Q4 2016. Upon expiry, refurbishment will commence to capitalise on the increasing demand for modern office space. The refurbishment presents the opportunity to increase the existing 29,848 sq ft floor area, creation of outdoor space and improvements to the external appearance.