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Asian investor swoops on City’s Pinners Hall

BNP Paribas REIM Germany has sold the freehold interest in Pinners Hall to an Asian investor client of Anglo Fortune for around £100m.

The 109,500 sq ft building at 105-108 Old Broad Street, EC2, is let to four tenants including Deutsche Bank and the British Bankers’ Association.

CBRE was instructed to sell the building in March with an asking price of £92.5m.

Stephen Pearson, head of City investment at CBRE said: “This purchase is yet another example of the continued demand from overseas investors for prime London real estate, particularly from Asia.”

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