HSH Nordbank’s deal to sell Triton Court, EC2, to investor Jack Petchey has collapsed.
Petchey bid around £44m for the 200,000 sq ft office complex in February this year but has been unable to agree terms with HSH.
He put the asset under offer soon after a deal to sell Triton to Resolution Property collapsed.
Resolution had planned to redevelop the building on Finsbury Square into a media and technology hub, providing loft space for small technology companies.
Savills was appointed LPA receiver to Triton Court by lender HSH Nordbank in June 2010 following a default on the loan secured against it, as well as a fall in the value of the block.
jack.sidders@estatesgazette.com
