A joint venture of institutional investors led and advised by Deutsche Finance International (DFI) and Yoo Capital (YC) has purchased the Olympia London Exhibition Centre for £296 million.

Olympia London is a 130 years old exhibition and events business, which is situated on 14 acre freehold site in West London. Each year Olympia welcomes more than 1.6 million visitors and hosts more than 200 events utilising its seven spaces.

The exhibition and events business benefits from a strong competitive advantage due to its iconic building, central location and the quality of its management team. The acquisition also involves 3.9 acres of freehold land available for hospitality, leisure and residential development.