Swiss Re announced that it has completed the sale of its London office building, located at 30 St. Mary Axe, to an affiliate of the real-estate corporation IVG Immobilien AG for £600 million ($1.18 billion) (See IJ web site Feb. 5).
Swiss Re will remain a principal tenant of the building, popularly known as “the gherkin” (pickle) in the heart of “The City,” London’s financial district.
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