We have advised LabTech Investments (LabTech) on its sale of 90 High Holborn for £180 million. The transaction is one of the largest investment transactions in the London office market this year.
LabTech, the property developer owned by Teddy Sagi, is a London-based property investor specialising in office space, long-stay serviced apartments and retail in London and across the globe. LabTech’s portfolio spans 1 million square feet of commercial real estate in some of London’s most vibrant locations, including the West End and Camden, as well as internationally.
Originally purchased by LabTech in 2018, 90 High Holborn is one of the key Holborn assets Sagi has sold since 2020. The building comprises 183,000 square feet workspace centred around Holborn’s Sicilian Avenue. LABS, the flexible workspace brand of LabTech and one of the main tenants of 90 High Holborn will continue to operate in the building.
Our team was led by partners Michael Goldberg and Leona Ahmed in the real estate sector group. Other team members include:
- Corporate: Bryce Bartlett (senior associate)
- Real Estate: Sarah Bolton (senior associate), Sophie Bell (associate)
For more information, please see the press release here.
