Cannon Place Sale Imminent?
Latest news reports
suggest that Cannon Place, EC4, a
trophy office building in the City of London, is to be purchased by Deka
The German fund manager is looking to be going under offer
soon to acquire the building for a price of approximately £510 million. Deka appears
to have secured the deal in the face of stiff competition from a number of
80,000 sq ft is still to be let in the building, although
that will shortly change after the merger of law firms Olswang, Nabarro and CMS
UK, which is planning the remaining offices.
Cannon Place is home to a number of other renowned firms
such as CBI, CMS Cameron McKenna as well as Newton Perkins clients Columbia
Threadneedle and i2 offices.
View All Articles