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Blackstone sells City office for £250m

South Korean-backed deal is first UK property purchase for new joint venture

Blackstone sells City office for £250m

Private equity giant Blackstone has sold a City office that is home to firms including French bank Natixis for close to £250m.

Cannon Bridge House, located on the north side of the River Thames and above Cannon Street train station, spans two interconnected buildings and includes a one-acre roof garden, which the buyers say is one of the largest green spaces in the Square Mile.

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