LONDON-LPA Receivers Richard Stanley and Nigel Wheeler with Jones Lang LaSalle, the receivers for Peterborough Court and Daniel House here, are putting the properties up for sale for about $485 million. Former owner Jesta Capital reportedly defaulted on loans for the complex.
The buildings at 133-140 Fleet St. include about 370,000 square feet of office, with Daniel House containing about 42,000 square feet of retail. Goldman Sachs fully leases the complex as its European headquarters, under a contract until 2026.
Andrew Hawkins, a director with JLL, said that London is a major focus for global real estate investors today. “In 2010, London was the largest commercial real estate market for investment activity globally, generating $17.5 billion of transactions, of which $11.8 billion was overseas money,” he said in a statement.
Many of London’s office properties have been or are up for sale, including 23-story Aviva Tower, which CB Richard Ellis Loan Servicing has also put up for $456 million.
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