International real estate firm Hines has acquired Chichester House in London from Bishopswood Properties, a wholly owned subsidiary of GE Real Estate. The eight-storey, 6,503 m[sup]2[/sup] office and retail building is located in High Holborn district in central London. The property was purchased by Hines European Development Fund II (HEDF II), a Delaware Limited Partnership. The building is empty, having been vacated by UK lawyers Reynolds Porter Chamberlain in 2005. Bishopswood Properties was advised in the sale by Orchard Street Management and Jones Lang LaSalle. The financial details of the transaction were not disclosed.
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