The Financial Times’ building on the south bank of the river Thames is to be marketed for around £90m ahead of the newspaper’s move to the City of London.
Agents at Knight Frank will launch a sale of the freehold this month on behalf of Pearson, the educational publisher that owns the building, according to two people briefed on the situation. The building at One Southwark Bridge, which has been occupied by the newspaper since 1989, is viewed as a refurbishment opportunity.
Agents said it would likely remain as office space since the South Bank has become an increasingly popular office location, attracting companies such as WPP.
