LabTech completes £245m sale of Holborn Links Estate

LabTech has completed the sale of the Holborn Links Estate for £245m to the Curzon Capital Partners 5 LL fund and Cording Real Estate Group. The sale does not include Selkirk House, 166 High Holborn, WC1, which LabTech is planning to redevelop. Yaron Shahar, chief executive of LabTech, said: “The disposal will provide capital to reinvest as we position LabTech as a specialist in the development of live, work and play spaces in dynamic, state-of-the-art buildings in prime destinations in the world’s biggest cities. “We are in an exciting growth phase and LabTech continues to look for strategic acquisitions in London and across the globe, enabled by our experienced management team and LabTech’s clear investment philosophy.” CCP 5 LL is advised by Tristan Capital Partners. To send feedback, e-mail louise.dransfield@egi.co.uk or tweet @DransfieldL or @estatesgazette