Flex and the City reports that London real estate heavyweight Crosstree has completed a landmark £330 million acquisition of Argyll, one of the city's most prestigious flexible office operators, from sellers Alpine Grove Partners and The Baupost Group.

The deal includes a coveted 25-asset portfolio featuring Grade II-listed landmarks and contemporary offices across prime City and West End locations. The acquisition reflects growing institutional confidence in premium flexible workspace, with Crosstree's founding partner Nick Lyle highlighting Argyll's market-leading platform and the strong recovery of Central London's prime office market post-pandemic.

Formerly known as London Executive Offices, Argyll has undergone several ownership changes and rebrands since 2018, most recently stabilizing under Alpine Grove and Baupost following a 2021 restructuring.