Almost £100m of City redevelopment projects were close to being sold this week .
Resolution Property has exchanged contracts to buy the 210,000 sq ft Triton Court, EC2, for £43m from lender HSH Nordbank.
HSH previously put the block under offer to investor Jack Petchey but the deal collapsed last month.
Savills was appointed LPA receivers to Triton Court in summer 2010 after its owners Propinvest and Petchey’s Incorporated Holdings defaulted on their loan. Resolution will redevelop the building as a media and technology hub.
Elsewhere in the Square Mile, Orion Capital Managers and Quadrant Estates are in talks to buy the former Daily Mail HQ in the City for around £48m.
The 135,000 sq ft Grade II-listed Carmelite building at 50 Victoria Embankment, EC4, is being sold as a development opportunity by the Abu Dhabi Investment Authority and Aberdeen Asset Management.
The Thameside site has consent for a comprehensive redevelopment which, according to a planning application submitted by DP9, would produce 190,295 sq ft of gross office space.
Quadrant is expected to act as development manager on the project.
Knight Frank is acting for ADIA/Aberdeen; Allsop advised Resolution; Savills represented HSH.
