Brunswick Real Estate UK (now Brunswick Property Partners) has acquired Netil House, a creative workspace building in Hackney, east London, for £23.4 million.

Netil House is a 48,000 sq. ft building at 1 Westgate Street by London Fields, which provides office studios with lofty ceilings, cafés, restaurants, terraces and retail. It is let to Eat Work Eat, which operates the building for a variety of creative businesses.

Will Amies, Founding Partner of Brunswick Real Estate UK, said: “This is the second transaction we have completed for our new thematic suburban London, flexible office strategy. Netil House is located in one of London’s emerging and most creative areas and joins our Queens Park estate, comprising Lonsdale Road and NW Works, in our growing portfolio”.