Commercial: London Oxygen Asset Management Acquires London Office Building October 11th, 2024 Deividas Krupstas Oxygen Asset Management has successfully acquired 11 Leadenhall Street, a freehold office building located in the heart of the City of London. Spanning 15,117 square feet, this property marks a significant milestone as the firm’s first acquisition within its London value-add office strategy.Founded in 2004, Oxygen Asset Management is known for its expertise in asset and investment management, focusing on protecting and enhancing value for clients across various market conditions. The acquisition aligns with the company’s strategic goal of delivering value-add opportunities within its expanding real estate portfolio.A company spokesperson commented that this acquisition is an important step in Oxygen’s entry into the London office market, offering considerable potential for value enhancement given the prime location of 11 Leadenhall Street. The City of London, as one of the world’s most prestigious commercial hubs, offers significant opportunities for strategic value growth, reinforcing Oxygen’s commitment to expanding its portfolio with high-performing assets.While specific plans for the building have not yet been disclosed, Oxygen’s successful track record suggests that the firm will likely implement strategies aimed at improving the value and performance of the property over time.
