Sir James Dyson acquires £26 million office building in London

After announcing plans to build an electric car factory in Singapore, billionaire inventor and entrepreneur Sir James Dyson has acquired another significant property to add to his impressive portfolio — a £26 million office block at 100 Union Street in central London.

Sited between Southwark and Borough Tube stations, the 19,437 space is an exciting acquisition which pulls in £1.2 million in rent per year.

Commenting on the deal, a representative South Bank agent Union Street Partners, Alastair Hilton, explained the area is “becoming a destination for a wide variety of occupiers from tech to finance”.

This news was brought to you by Morgan Pryce, a specialist tenant acquisition agent with offices in Oxford Circus and the City. Morgan Pryce specialises in search, negotiation and project management and works exclusively for tenants.