Yehuda Barashi’s LRC has emerged as the buyer of the long-leasehold interest in Royal Mint Court, EC3.
LRC outbid Asif Aziz’s Criterion Capital for the four building estate, paying £49.5m against a guide price of £30m.
The site was once home to the Royal Mint and is now expected to be redeveloped.
It currently comprises more than 400,000 sq ft of office space.
Delancey owns the freehold.
Savills is advising on the sale.
jack.sidders@estatesgazette.com
