European investors were the most active non-domestic investor groups London in H1 2020, superseding investment activity by AsiaPac investors for the first time since 2011.
In March, Union Investment bought a 50 per cent share (taking its ownership to 100 per cent) of Watermark Place, also in the City and later acquired 55 Ludgate, a recently refurbished 10,000 sq m office and retail property in June. La Française Real Estate Partners International, meanwhile, acquired 90 Bartholomew Close, a newly built office and retail property, for £48.5 million in April and then quickly followed this with the acquisition of an 1,022 sq m office asset at 17-18 Haywards Place in July.