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| London's popular landmark sold  Swiss Re has agreed to sell its London office building, 30 St Mary Axe to an affiliate of the real-estate corporation IVG Immobilien AG for GBP 600 million. The transaction is expected to close in February 2007. A number of potential investors showed significant interest in 30 St Mary Axe. Swiss Re decided on IVG Immobilien AG due to its excellent track record in managing properties, a key factor given that Swiss Re will continue to occupy the building as its principal tenant.30 St Mary Axe, a 41-storey office building in the City of London, was commissioned by Swiss Re and designed by Foster and Partners. Since its opening in late 2003 it has become an iconic landmark on London's skyline, and has received numerous prestigious awards. write your comments about the article :: © 2007 Construction News :: home page |