Sunday 15 May 2011

Henderson buys Leadenhall Triangle for more than £175m - Telegraph

Henderson buys Leadenhall Triangle for more than £175m - Telegraph

Administrators for the site known as the Leadenhall Triangle, once mooted as the new headquarters of JP Morgan, have sold the properties to fund manager Henderson. The properties which include a number of buildings on Leadenhall Street and Fenchurch Street fell into administration in November last year. The site had been owned by clients of property fund manager Investream. PricewaterhouseCoopers was called in after a £153m loan secured against the properties matured in April last year.

Plans for a 1.25m sq ft headquarters for a global bank ....

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