London office trophies offloaded by overseas investors
According to a recent report from EGi, several trophy London office
buildings are being put up for sale.
Buyers are currently being sought for Tower Bridge House, E1
and 11-12 St James’s Square, SW1. The current owner, Malaysia’s Employee Provident Fund, is seeking
almost £200 million for each.
The report states further sales are being sought at 1
Sheldon Square, W2 and 65 Fleet Street, EC4, as well as 40 Portman Square, W1
and a stake in the Battersea power station, SW8.
Image courtesy of Real Capital Analytics
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