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London tower to sell for $1b
Transactions - FEBRUARY 23, 2022

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London tower to sell for $1b

by Andrea Zander

WR Berkley has plans to sell The Scalpel office tower in London to Singaporean investor Ho Bee Land for more than £800 million (€959 million/$1.1 billion), reported the Financial Times.

Completed in 2018, the 38-story, 620-foot-tall The Scalpel is located on Lime Street in London’s financial area, south of the River Thames.

The deal would mark the biggest-ever overseas acquisition for Ho Bee Land.

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