Oxford Properties Group/Temasek £415 million acquisition of the Blue Fin Building

Overview:

• Oxford Properties Group and Temasek Holdings have acquired the Blue Fin Building in London for £415 million from Time Inc.
• The two groups have formed a joint venture in order to complete the acquisition.
• Time will lease back 160,000 square feet in the building, which has total floor space of 497,021 square feet.
• Oxford Properties Group is the real estate arm of the Ontario Municipal Employees Retirement System (OMERS).

Sam Duke - Editor