L&G has bought Quarry House in Leeds for £243m from R20, EG can reveal. It marks the investor’s 11th and biggest government hub acquisition to date, bringing the organisation’s total amount invested into government programmes to over £1.5bn.
The 373,913 sq ft office building, located to the east of the city centre, has been let to the Secretary of State for Housing, Communities and Local Government for 25 years, on behalf of the DWP. Tom Roberts, head of strategic investment at LGIM Real Assets, said: “Our acquisition of Quarry House highlights the continued success – and our commitment to
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