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Nesta buys £51m Midtown View

58-Victoria-Embankment-EC4-570.jpegInvestor club Fore Partnership has sold a speculative office project in London’s Midtown to Nesta for £50.95m.

Innovation charity Nesta will use the 48,000 sq ft View 58 at 58 Victoria Embankment, EC4, as its head office.

The grade-A office block was developed jointly by Fore Partnership and Kier.

It was developed as a sustainable office scheme and, according to chief executive Geoff Mulgan, this is what attracted Nesta to the building.

Ingleby Trice advised Fore on the sale; Nesta was advised by CBRE. Savills and Ingleby Trice were the letting agents.

mike.cobb@estatesgazette.com

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