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Announced

Completed

Wirtgen Invest completed the acquisition of 50 Finsbury Square, EC2 from GPE for £190m.

Synopsis

Wirtgen Invest, a private German family office, completed the acquisition of 50 Finsbury Square, EC2, a commercial development, from Great Portland Estates, a British property development and investment company, for £190m. "The sale of 50 Finsbury Square concludes an exceptional development project for GPE. The completion of the sale enables us to recycle capital out of a mature asset where we have created value into our substantial development pipeline which is stacked full of future opportunities," Toby Courtauld, GPE CEO.

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