trending Market Intelligence /marketintelligence/en/news-insights/trending/kBnGdloLa_6lmcVldqkRaw2 content esgSubNav
In This List

Report: Brookfield in talks to buy out £700M London office complex

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


Report: Brookfield in talks to buy out £700M London office complex

Brookfield Property Partners LP is in discussions to acquire the 50% stake it does not already own in the £700 million London Wall Place office complex in London's financial district from co-owner Oxford Properties Group Inc., Bloomberg News reported, citing people familiar with the matter.

The recently completed property comprises two buildings, of which the bigger one houses the global headquarters of Schroders PLC. The other building is leased to tenants including Cleary Gottlieb Steen & Hamilton, R3, IFM Investors and Barnett Waddingham.

Brookfield purchased the project in 2012 from Hammerson PLC and sold a 50% stake to Oxford Properties shortly after completing the transaction.

The news outlet could not obtain a comment on the matter from the companies.