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Gherkin for sale

London’s landmark Gherkin tower is up for sale with an asking price of around £600m.

It is understood that Swiss Re, the insurance group that owns the tower, has appointed agents DTZ and Eurohypo to sell the 40-storey building.

Potential bidders include the Abu Dhabi royal family and Prudential.

The building was designed by Foster & Partners and completed in 2004 but in spite of its architecture it took several years to let and a couple of floors are still vacant.

References: Financial Times 16/09/06 page 4, Daily Telegraph 16/09/09 page 28, The Times 16/09/09 page 52, The Guardian 16/09/09 page 30

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