Warner Estates has bought the long leasehold of America House in the City of London from London and Regional Properties.

The property, at 2 America Square, EC3, was bought for around £24.75m.

The property comprises 46,700 sq ft of office space and is fully let to a selection of tenants with an annual rent of £1.6 million.

Martin Wallace, head of the offices division at Colliers CRE, said the purchase was ‘part of Warner Estates’ continued drive to acquire Greater London offices which offer active management opportunities’.

Colliers CRE represented Warner Estates; BH2 represented London and Regional Properties.