Possible sale of Broadgate offices in London
Property and Building, part of the Israeli holding company IDB Holding Corp, is said to be in early talks to buy part of the Broadgate offices in London from British Land.
In a statement to the Tel Aviv Stock Exchange, it’s reported that IDB Holding Corp, headed up by billionaire Nochi Danker, would pay ┬ú100 million to buy shares from a commercial property firm that currently holds shares in London’s Broadgate office complex.
Broadgate is a 370,000 square metre commercial property complex in the heart of London’s City financial district. The offices are currently rented and leased to 38 different companies.