Legal & General Property has gone under offer to buy Garden House, EC2, from Irish Investor Jaguar Capital.
L&G will pay £22m for the office development, which comprises 11-13 and 19 Throgmorton Avenue and 21 Austin Friars.
Jaguar instructed CBRE to sell Garden House earlier this year for £25m, a 6.52% yield.
The building is let to Deutsche Bank, with a passing rent of £1.77m pa.
Jones Lang LaSalle advised L&G.
All parties declined to comment.
jack.sidders@estatesgazette.com
