London’s Gherkin building will be irresistible to sovereign wealth funds, says Eversheds
Eversheds has commented on news that London’s iconic Gherkin is to be sold, describing the building as irresistible to sovereign wealth funds.
Bruce Dear, head of London real estate at Eversheds, said: ‘The Gherkin has an iconic, globally recognised physical profile, a prestigious City address and an insurance sector flavour. All of these features will make it irresistible to sovereign wealth funds, particularly those from the south-east Asia-Pacific rim and the Middle East. Expect a scrum of international bidders around this pickle jar.’
News from Eversheds
News from The Lawyer
Briefings from Eversheds
Businesses operating in the EU with the benefit of tax ruling consequently need to be aware that tax rulings are currently at the centre of a series of EC state aid investigations.
What can and what should organisations be doing to prepare for Ebola from a health and safety point of view?
Analysis from The Lawyer
Which firms are cutting it in this era of slimline rosters, and who are the GC new brooms making clean sweeps? The Lawyer can reveal all
A new breed of lawyer is smoothing the path for companies entering emerging or unstable jurisdictions