One of London’s most famous landmarks is up for sale, Savills estate agents has confirmed.
The Gherkin, of 30 St Mary Axe in the City of London, will be marketed by Savills in partnership with Deloitte Real Estate.
Both firms have confirmed that they expect offers from all over the globe for the 505,000 sq ft landmark.
Opened in 2004, the 40-storey building was designed by Lord Foster and is currently multi-let to approximately 20 tenants including Swiss Re, Kirkland & Ellis International LLP and ION Trading.
“This is a prestigious appointment on what is a globally recognised landmark building. The Central London commercial property market has benefitted from improving market conditions over the course of the last few years,” said Stephen Down, Head of Central London Investment at Savills.
Commenting on the appointment, Jamie Olley, Head of City Investment at Deloitte Real Estate, said: “The Gherkin is one of London’s famous landmark buildings and the most iconic office tower in the City’s skyline. For investors, this prime office property provides an attractive combination of stable and reversionary income with opportunities to add value via asset management.
“The property will appeal to a wide range of domestic and international investors and we are confident of maximising returns to the receivers and creditors,” he added.
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