Nan Fung Group bags Regent Quarter

Hong Kong investor Nan Fung Group has agreed to buy Regent Quarter, N1, for around £300m.

Abu Dhabi Investment Authority, advised by LaSalle Investment Management, put the complex near King’s Cross station up for sale for £270m in September through Cushman & Wakefield and CBRE.

The 250,000 sq ft scheme attracted strong interest from around 20 bidders, driving the price up.

It includes 200,000 sq ft of fully let modern offices, historic warehouses, and retail space.

LaSalle bought the asset in 2005 and the surrounding area has seen an uplift from nearby developments, including the Argent-led redevelopment of King’s Cross Central.

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