A state-owned Korean bank has offered about £182m to buy the City of London landmark One Poultry close to the Bank of England, people briefed on the situation said.
Industrial Bank of Korea is funding a bid for the distinctive pink and yellow postmodernist building leased to the serviced office provider WeWork, said two people familiar with the deal.
IBK is working with asset manager Hana Financial Group, in line with Korean rules requiring real-estate fund assets to be held by an asset management company, the people said.
