Aviva Investors and PSP Investments have successfully sold 11-12 Hanover Square in London's West End to a joint venture with Delancey and Aware Super, concluding a successful investment strategy.

Target Information

Aviva Investors and the Public Sector Pension Investment Board (PSP Investments) have finalized the sale of 11-12 Hanover Square, located in London’s prestigious West End, to a joint venture comprising Delancey and Aware Super. This transaction concludes a successful collaborative investment strategy between Aviva Investors and PSP Investments.

Constructed by Aviva Investors in 2017, 11-12 Hanover Square boasts nearly 35,000 square feet of modern office space alongside 13,000 square feet of prime retail space with prominent visibility on Oxford Street. The asset has been continuously occupied by reputable tenants, including Summit Partners, Pollen Street Capital, and New Balance, demonstrating its robust market appeal and the effective management provided by Aviva Investors and PSP Investments.

Industry Overview

The London commercial real estate market remains a focal point for both domestic and international investors, characterized by a strong demand for high-quality office spaces. Recent trends indicate a clear shift towa