Quintain Estates and Development & Lend Lease Europe are looking for a buyer for 198,252 sq ft of office building of 14 Pier Walk in Greenwich Peninsula, which earn annual rent of £5.8 million.
With a sale target of ~96 million, the joint venture is ready to exchange hands to give in 5.94 % if their target it fulfilled.More information about property in limehouse
The entire building is presently occupied by Transport for London on Lease which will be expiring in July 2029.
As the London Commercial Property, Tower 42 is placing on the market for £300 million, the Real Estate firm Savills, who has gained the authority to sell this property is highly on tenterhooks.