German investment manager Hannover Leasing has acquired a trophy City office building for £139 million, Property Magazine International reports. The Crown Plaza, which was sold by the Greycoat Central London Office Development Fund, is let to companies such as Pinsent Masons and Crown Place Financial. The office building is earmarked for a closed-end real estate fund. The buyer was advised by Franc Warwick, while the Greycoat Central London Office Development Fund took advice from CB Richard Ellis on the deal.
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