Transaction | 2026-07-01

Deka Immobilien acquires top office property in London’s West End

Deka Immobilien has acquired the office property “Stirling Square”, 5–7 Carlton Gardens, in London’s St James’s quarter. The property was sold by a fund managed by Tristan Capital Partners and Greycoat. With the acquisition of the office building, Deka Immobilien is taking advantage of a rare opportunity for its open-ended real estate fund WestInvest InterSelect to acquire a premium office property in a prime location in the heart of London’s West End.

The building, constructed in 1999 and modernised in 2016 and 2022, offers around 8,700 sqm of lettable space spread across a total of seven storeys. The office space is fully let on long-term leases to four globally recognised tenants.

Four office floors feature terraces, of which the top two floors offer spectacular views of the surrounding parks and Buckingham Palace. Framed by the green spaces of Carlton Gardens and Waterloo Gardens and located just a few minutes’ walk from Buckingham Palace, Stirling Square provides a high-quality environment in the heart of the city.

Together with Mayfair, St James’s also benefits from one of the most attractive amenities in central London, including exclusive office space, high-end retail, numerous Michelin-starred restaurants, galleries, cultural institutions, renowned hotels and private members’ clubs.

Stirling Square is already the second acquisition for the fund this year. In early February 2026, Deka Immobilien secured a upper-upscale hotel property in Vienna for the WestInvest InterSelect fund.

With Stirling Square, Deka Immobilien is securing a premium property in a prime central location that offers diverse value creation potential and aligns excellently with the requirements of the funds' investment strategy.

Deka Immobilien was legally and commercially advised by Simmons & Simmons and CBRE.