Announced
Completed
Financials
Tags
Real Estate Holding and Development
Private
United Kingdom
Majority
Cross Border
Acquisition
Friendly
real estate
Real Estate
Single Bidder
building
Completed
office building
Synopsis
Lendlease, a property developer, completed the acquisition of 21 Moorfields, a premium 568 sq ft London office, from Landsec, a commercial property development and investment company, for £809m. "21 Moorfields is a fantastic example of Landsec’s development expertise in delivering a high-quality project at one of the most complex construction sites in London. We are particularly proud to have achieved a number of engineering firsts associated with the development of such a significant building which sits directly above both Moorgate Underground Station and the new Crossrail line to Liverpool Street," Marcus Geddes, Landsec Managing Director.
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