Nick Leslau’s Prestbury has completed the purchase of a portfolio of nine central London building from Invista Real Estate, as exclusively revealed in Property Week last month.

First refurb

It is understood the portfolio was bought for £220m, approximately £15m under the original asking price.

Following the deal Prestbury said it will refurbish the 45,000 sq ft 6 St Andrew Street office building in London’s Holborn area.

It will start work in June this year after the building’s principle tenant Speechly Bircham, relocates to Land Securities’ nearby New Street Square development.

GVA Grimley, GVA Saxon Law and Farebrother have been appointed as joint letting agents on St Andrew Street.