Munich investor BHRE makes UK debut with £41m Conduit Street office deal

BHRE Group acquired 7-8 Conduit Street, a 15,000 sq ft office and retail building in London's West End, for £41m. This marks the company's first investment outside its home market of Germany and its first UK transaction. The building was recently revamped and has an EPC A sustainability rating. BHRE manages over €3bn in assets across commercial, residential, and hospitality in central Munich. BHRE Group is one of Munich's major real estate investment and management companies, managing assets across commercial, residential, and hospitality. This acquisition marks the start of its international expansion, with a stated focus on central London office assets. Financing details not disclosed.