More London estate sold for £1.7bn

By Jim Dunton - Fri 13 December 2013, 1:15 pm

St Martin's Property Group has bought the 13-acre More London estate on the banks of the Thames in Southwark for £1.7 billion.

The move adds to the almost 1 million sq feet holdings of office, retail, leisure and residential space that Kuwaiti government-owned St Martin’s already holds through its neighbouring London Bridge City estate, Property Week reported.

The More London complex includes City Hall, and offices let to Ernst & Young, PricewaterhouseCooprers and law firm Lawrence Graham.

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