RPMI Railpen has added to its portfolio of London office investments with the purchase of Camden Works office scheme.
The investment manager, which allocates assets for the £30bn Railway Pension Scheme, also bought Thames Wharf Studios in 2018.
Railpen asset and transaction manager Emily Atkinson said Camden Works - which totals over 44,000 square feet of office accommodation - "boasts unique appeal" due to its transport connections.
"The many exceptional attributes and prospects make the asset a particularly valuable addition to our portfolio," she said.
"We will be making strategic investments to enhance the distinctive character of these buildings. This will drive Camden Works' appeal for office occupiers and generate long-term returns for Railpen's members, through a host of asset management, redevelopment and future rental growth opportunities."
The purchase follows Railpen's acquisition of 90% of the Carraig Gheal Wind Farm earlier this month which marked the investment manager's second direct investment in the UK renewable energy sector.
Railpen also added to its property portfolio in February with the acquisition of a mixed-property development in Dartford, and investments into an Ayrshire-based windfarm and a 5.85 acre development site in Waltham Cross last November.
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