Irish company Jaguar Capital has sold 60 St. Mary’s Axe to Invesco for around £41.75m at a net initial yield of 4.6%.
Invesco bought the 60,419 sq ft building, located to the east of the Bank of England, on behalf of Teachers, the US pension fund for the academic and medical profession.
The building is let to Threadneedle Asset Management for a further 11 years.
It follows Jaguar’s £98m purchase last month of office building Becket House on the South Bank which is let to Ernst & Young for a further 19 years.
CB Richard Ellis advised Jaguar.