London — Mayer Brown has advised Sinarmas Land Limited, one of South East Asia’s largest property development companies, on the purchase 33 Horseferry Road, London for over £188 million.

The 180,600 sq ft property includes 163,761 sq ft of office space, which is fully let and occupied by the Department for Transport until December 2033, and ten ground floor retail units.

Martin Wright, European Head of Real Estate at Mayer Brown, said: “33 Horseferry Way will prove to be an excellent investment due to its prime location and a further 17 years of solid rental income from the Department of Transport. We are delighted to advise Sinarmas as they continue to expand their portfolio in London real estate.”

Mayer Brown has previously advised Sinarmas on the purchase of the Alphabeta building, London in July 2015 for £259.3 million and the purchase and then sale of the New Brook Buildings, London in January 2015 for £113.7 million.

The Mayer Brown team was led by Martin Wright and included Real Estate partner Andrew Hepner, senior associates Tim Collier and Danielle Gerber and associates Natalie Carter and Annabel Ersser; Corporate & Securities senior associate Jonathan Musker and associate Oliver Lyons; and Tax Transactions & Consulting senior associate Simon Slade.