Heron International Sells The Peak in London
LONDON-Heron International, AXA Real Estate and the Co-operative Insurance Society (CIS) have sold The Peak, an office development situated opposite the Victoria Station in London. The buyer was Cityhold, a joint venture partnership between the two Swedish national pension funds.
The eight-story, 98,000-square-foot office building was marketed for about GBP 115 million. It is leased to seven office tenants, namely, G4S, Global Infrastructure Partners, The Gatsby Foundation, Reed Executive, Wates, Guggenheim Partners and PetroChina. Halifax and HSBC occupy the retail units in the building. For the full story, go to PropertyMall .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
SIOR Live runs through May 7. Click here to get all the latest news surrounding SIOR's Spring World Conference.
You can now be notified via email if this story is updated by clicking on the "Follow this Story" link. You must be a registered member to take advantage of this "members only" benefit.