The sale of 100 Cheapside in the City of London has been completed.
Standard Life Investments Pool Pension Property Fund has bought the London office property from Quadrant Estates, and its joint venture partners CarVal Investors, OrionCapital Managers and the City of London Corporation.
100 Cheapside comprises of 100,000 sq ft of Grade A office-led mixed-use space.
The building completed in early November and has vacant possession and now Standard Life will undertake a leasing campaign.
100 Cheapside will achieve BREEAM Excellent and LEED Platinum sustainability ratings.
The development manager at the building is Quadrant Estates.