After announcing plans to build an electric car factory in Singapore, billionaire inventor and entrepreneur Sir James Dyson has acquired another significant property to add to his impressive portfolio — a £26 million office block at 100 Union Street in central London.

Sited between Southwark and Borough Tube stations, the 19,437 space is an exciting acquisition which pulls in £1.2 million in rent per year.

Commenting on the deal, a representative South Bank agent Union Street Partners, Alastair Hilton, explained the area is “becoming a destination for a wide variety of occupiers from tech to finance”.

This news was brought to you by Morgan Pryce, a specialist tenant acquisition agent with offices in Oxford Circus and the City. Morgan Pryce specialises in search, negotiation and project management and works exclusively for tenants.