Hogan Lovells has acted for M&G Real Estate, one of the UK’s largest real estate property investors, in relation to the sale of Omnicom’s South Bank HQ at Bankside 2 and 3, SE1, to Deutsche Asset Management for around £310m.

The transaction was led by partner and UK head of Real Estate, Daniel Norris, and senior associate Graham Cutts.

Built in 2007 and designed to a ‘Very Good’ BREEAM rating, the landmark office buildings comprise over 38,500 square metres of office, ground floor retail and higher floor terraces with views across London.