An American hotelier has bought 10 Trinity Square in the City

American retail, hotel and leisure developer Thomas Enterprises has bought the Willis’ global headquarters building for a price rumoured to have reached £110m.

Thomas Enterprises, founded by Stan Thomas in the 1980s is planning a ‘super luxury hotel’ offering ‘world-class service’ and will include health and spa facilities in the 255,000 sq ft (23,690 sq m) building overlooking the Tower of London.

Insurer Willis Group has used the building as its global headquarters since the 1970s. It opened in 1922 as the headquarters for the Port of London Authority.

Atis Real advised on the sale of the building.

Willis Group is relocating to a 28 story headquarters in Lime Street which is due to complete at the beginning of 2008.