Goldman Sachs swoops for City office asset

Goldman Sachs Procession House

Goldman Sachs has bought a City of London office building from Legal & General for just under £70m, Property Week can reveal.

In a joint venture with Greycoat, the investment bank, is under offer to buy the 105,200 sq ft Procession House at 55 Ludgate Hill, which sits on an island site close to Farringdon station, from LGIM Real Assets.

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