PRUPIM 'close' on SE1 deal

Wed 8 May 2013, 12:36 pm

Land Securities' bid to sell its 42 Southwark Bridge Road office building is nearing conclusion, it has emerged.

PRUPIM is in “advanced talks” over buying the 96,000 sq feet building, which is currently occupied by Schroder  Investment Management, Estates Gazette reported.

It said the sale price was understood to be around £35.9 million.