Eversheds has advised Deutsche Asset & Wealth Management (DeAWM) on the financing for the £43m acquisition of 1 Queen Anne’s Gate Buildings in London’s West End. The property was acquired by international investor-developer Quadrum Group and private equity real estate firm Henley.

1 Queen Anne’s Gate Buildings is an eight storey, 67,000 sq ft office block, located on Dartmouth Street close to St. James’s Park. Henley will also act as development manager for the property.

The Eversheds team was led by partner Daniyal Ansari, assisted by teams from Eversheds real estate and tax departments.

Daniyal commented:

“We are pleased to have been able to assist DeAWM with this transaction which demonstrates the continued strength of this sector of the market.”

Andrea Vanni, Managing Director and Head of European Debt Investment for DeAWM commented:

“1 Queen Anne's Gate Buildings is an exciting asset and we are very pleased to have assisted Quadrum Group and Henley in their investment programme. This financing fits perfectly with our debt investment strategy to gain debt exposure against quality assets in UK and Europe.”