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KPMG sells Canary Wharf asset to Kingboard

19 December 17 - RE+D Magazine
KPMG sells Canary Wharf asset to Kingboard

COMPANIES

Solum Property Solutions

Consultant - GREECE

ETAD.A.E.

Public entity - GREECE

IBI Group

Consultant - GREECE

Savills

Consultant - GREECE

PEOPLE

Antulio Richetta

Director IBI Group
KPMG has exchanged contracts to sell and lease back its London headquarters, 15 Canada Square in Canary Wharf, to Kingboard Investments for around £400million.

 

KPMG will continue to occupy 15 Canada Square, which comprises 434,261 sq ft and is located next to the new Crossrail station in Canary Wharf, according to propertyweeek.com.

The firm will enter into a 25 year lease when the deal completes in January. Jones Lang LaSalle acted on behalf of KPMG as agent during the sales process.

Savills advised Kingboard Investments. Eversheds were KPMG’s solicitors and BLP acted for the buyer.

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