AXA Investment Managers completed the acquisition of a 1.5-acre development site in Bristol from Carlyle. AXA Investment Managers was represented by BNP Paribas Real Estate UK, while LSH and JLL acted on behalf of the seller. Two office buildings were originally planned for the site, although AXA is considering alternative designs to improve the scheme’s connectivity and local environment. Carlyle acquired the site in 2006 for about GBP 21m.
