Saturday, May 05, 2007

Who will buy my sweet docklands building

Guardian London skyscrapers pageThe Guardian today has a two page spread on the price of London's skyscrapers. Click on the title of this post to read it in full, but if you just want a summary...

The HSBC Tower in docklands (surprisingly only finished in 2002, only a year or so before the Gherkin - it's easy to forget just how recent the docklands developments are) has jsut been sold for £1.1bn, making it officially the most expensive building in the UK.

HSBC are still staying there though - renting from the new owners - but the windfall profit of £500m they get from the sale (it only cost £580m to build and furbish) was tempting enough to take.

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