Mirabaud Asset Management said it has structured the acquisition of "a mission-critical office campus" located in Crawley, next to London’s Gatwick Airport. This acquisition brings the value of Mirabaud’s real estate portfolio to almost $700 million.

The office building was purposely built in 2016 for Virgin Atlantic and is leased to them until 2032, the firm said in a statement. Virgin Atlantic is a commercial airline founded in 1984, jointly owned by Virgin Group and Delta Air Lines. Virgin has been located in the area since its foundation and VHQ serves as the central support hub for Virgin Atlantic’s operations.

Mirabaud Asset Management said it continues to expand its established real estate portfolio by acquiring single-tenant office and logistics assets in key markets across the US and now the UK. Since 2019 has advised on the acquisition of eight assets.