Olympia London bought for £296m
April 12, 2017 2:10 PM
A joint venture of institutional investors led and advised by Deutsche Finance International (DFI) and Yoo Capital (YC) has purchased West London event venue Olympia London for 296m.
The 130-year-old exhibition and event business is situated on a 14-acre freehold site. Each year Olympia welcomes over 1.6m visitors and hosts more than 200 events.
Olympia London benefits from a strong competitive advantage due to its iconic building, location and the quality of its management team. The acquisition also involves nearly four acres of freehold land available for hospitality, leisure and residential development.