Macquarie Capital Principal Finance acquires stake in 17 Columbus Courtyard

• 17 Columbus Courtyard acquired from CWT International for £110.2 million
• Development is a waterfront office building in London’s Canary Wharf

Macquarie Capital Principal Finance (Macquarie) in a joint venture with Sun Hung Kai & Co and DPK Quay Limited, has acquired 17 Columbus Courtyard from CWT International Limited for £110.2 million.

17 Columbus Courtyard (17CC) is a c. 188,000 sq. ft waterfront office building in London’s Canary Wharf.  Built in 1999, 17CC is composed of 10 floors and is leased in its entirety for the next five years.

Alexi Antolovich, Global Co-Head Real Estate, Macquarie Capital Principal Finance said: “This investment represents a compelling opportunity in an attractive office market with excellent growth and value add potential”.

The transaction was signed in December 2019, however the terms remain undisclosed.