One Finsbury Circus is sold

The former City headquarters of BP has been sold to a real estate fund for £141.5m, the vendors said yesterday. One Finsbury Circus has been snapped up by Invesco Real Estate’s pan-European fund after months of bidding. Hermes Real Estate and LaSalle, which acted on behalf of the sellers, said the sale of the multi-let, 210,000 square foot building allows their clients to spend on new investments. GM Real Estate acted for the joint owners, while Knight Frank represented Invesco.