The Swiss Re Tower – or ‘Gherkin’ as it is popularly called because of its cylindrical shape and green tinge (like the vegetable!) – in the financial district of London is up for sale. The 40-storey building now has a price tag of $1.1 billion (euro 891 million), it was reported in the Financial Times. FT also reported that the owner of the building, the insurance group Swiss Re, has appointed agents to help with the sale; a number of offers have already poured in – and these include bids by Prudential, the Abu Dhabi royal family and ING. ‘Gherkin’ was designed by British architect Norman Foster and is one of the most recognizable buildings on the London skyline.
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Source:- IIPM Editorial
Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative
For complete IIPM article click here
Source:- IIPM Editorial
Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative
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