Monday, November 10, 2014

Gherkin bought by Brazilian banking giant for £700m

London's beleaguered skyscraper, the Gherkin, has been bought for more than £700m by the Safra Group - the Brazillian banking empire controlled by billionaire Joseph Safra.

Following more than 200 enquiries from around the world, the Safra Group will acquire the 590-foot office tower at 30 St Mary Axe in London’s main financial district from Deloitte LLP, the building’s receivers.

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