Land Securities has completed the sale of the Thomas More Square estate, E1, to Resolution Property for £300m.
The fund manager entered into exclusive talks to buy the 566,000 sq ft office campus from Land Securities at the end of last year.
The deal comes after Resolution agreed a value-add joint venture with China’s largest private investment group Fosun in July last year.
Thomas More Square was previously home to parts of Rupert Murdoch’s UK media empire prior to its move to London Bridge Quarter, SE1, last year.
Resolution was advised by Ashwell Rogers and GM Real Estate; CBRE advised Land Securities.
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