Axa poised for £240m Amazon HQ sale
Posted by:
Victor Pardis on
3rd September 2013
Kuwaiti property company St Martins is tipped
to emerge as the successful bidder, but is facing stiff competition from
Chinese institution Gingko Tree Investment, German investor Deka Immobilien
Investment GmbH, and JP Morgan Asset Management on behalf of an overseas
investor, along with other interested parties.
60 Holborn Viaduct is one of the most sought
after assets in the Midtown market on the strength of the building’s new sole tenant,
Amazon.
The sales process has been mired in secrecy
largely at Amazon’s request ever since Jones Lang LaSalle was instructed to
find a buyer for the building ‘off market’ almost immediately after the Amazon
letting completed in May.
Online retail giant Amazon will establish its
new 210,000 sq ft headquarters at Sixty London. Amazon, currently headquartered
in Slough, will move 1600 staff to the new premises and said the office space
will enable it to draw talent from London.
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