Aviva and Obayashi takes control of City of London scheme

By David Parsley2022-03-28T09:26:00

Source: Wikimedia Commons/Colin and Kim Hansen

Aviva Investors has completed a joint investment with Japanese construction group Obayashi Corporation to acquire the remaining 50% share in 20 Gracechurch Street in the City of London.

The deal, which is understood to be valued at close to £200m, brings both the freehold and leasehold for the 16-storey property under the full ownership and control of Aviva Investors and Obayashi.

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