Property group Great Portland Estates has splashed out £45.8m on a retail and office building in the heart of London’s financial district.
The company has exchanged contracts to purchase the property at 90 Queen Street, situated just off Cheapside, the road that leads from the west to the Bank of England.
The building comprises 68,400 square feet of space. The office accommodation is the UK office of Intesa Sanpaulo SPA and is occupied under a lease until 2017 with a tenant option to break in 2013.
Wednesday, 23 September 2009
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