Mitsubishi Estate London has confirmed the sale of 8 Finsbury Circus, EC2, to a subsidiary of Singapore’s Stamford Land Corporation for £260m.
The 180,000 sq ft office building was redeveloped by Mitsubishi Estate London and Stanhope in 2016 and is fully let to occupiers including Charles River Associates, the Development Bank of Japan, GAM and Rathbones.
Yuichiro Shioda, managing director and chief executive of Mitsubishi Estate London, said: “A disposal is in line with our desire to deploy capital into new projects in the London market. We are already under way on our next major scheme in the City of London, at 8 Bishopsgate, demonstrating our ongoing commitment to this major global gateway metropolis.”
Mitsubishi Estate London was represented by Savills.
To send feedback, e-mail louise.dransfield@egi.co.uk or tweet @DransfieldL or @estatesgazette
