Gherkin sold to Brazilian investment giant

Posted on by Offices.org.uk

ONE of the City of London’s most iconic and recognisable buildings has been sold to the Brazilian investment giant, Safra group.

The acquisition of the Gherkin skyscraper by banker Joseph Safra’s company comes several months after the building at 30 St Mary Axe went in to administration.

Although a sale price has not been disclosed, reports say that Safra paid over £700million for the property which was designed by Lord Foster and celebrated its tenth birthday this year.

A statement from Safra said:

“The acquisition of 30 St Mary Axe is consistent with our real estate strategy of investing in properties that are truly special – at the best locations within great cities.

“While only 10 years old, this building is already a London icon that is distinguished from others in the market, with excellent value growth potential.”

Elsewhere on offices.org.uk: Serviced offices at 30 St Mary Axe

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