Iconic London Goldman Sachs HQ comes to market (UK)

Jones Lang LaSalle has confirmed that it is bringing Peterborough Court and Daniel House, 133-140 Fleet Street, London EC4 to market, acting on the instructions of joint LPA Receivers, Richard Stanley and Nigel Wheeler of Jones Lang LaSalle.

The landmark City of London office complex is the European headquarters of Goldman Sachs until 2026 and covers ca. 0.569 hectares, providing 34,423 m² of institutionally specified office accommodation. Offers will be sought in excess of £300 million (approx. €355 million).

Andrew Hawkins, one of the Directors leading the sale from Jones Lang LaSalle's City Investment team commented: "London is a huge focus for real estate investors globally at the moment. In 2010 London was the largest commercial real estate market for investment activity globally, generating £10.8 billion of transactions, of which £7.3 billion was overseas money.

"The London market is probably the most liquid international property market at present and we expect Goldman's EMEA HQ to appeal to a wide range of investors from the US, Middle Eastern and Asia Pacific."

Source: Jones Lang LaSalle

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