Willis building sold to Kuwait firm for £400m
According to trade publication Property Week, British Land has sold Willis' new City headquarters opposite Lloyd's to St Martins Property Group, the real estate arm of the Kuwait Investment Authority, for £400m.
Willis, which according to the magazine pays £53.50/sq ft a year, has only just officially opened the 491,000 sq ft building.
Law firm Kennedys and Mitsui are expected to move into the development in
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