Market Chatter: CBRE Markets SEA's Bank of England-Leased City of London Office

MT Newswires Live

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CBRE (CBRE) has been hired by SEA to market the 20 Moorgate office building in the City of London, which is leased to the Bank of England through 2028, Bloomberg reported Wednesday.

The property is being formally marketed for redevelopment after earlier off-market sale talks with Lincoln Property valued at about 115 million pounds ($154 million) collapsed, according to the report.

CBRE did not immediately respond to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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