Cathay Life has completed its purchase of the The Walbrook Building in London.
Cathay Life has paid £29m of the £575.248m sale price.
Currently tenants in the Walbrook Building include: Vanguard, Xchanging, Worldpay, Virgin Active, Waitrose and Arthur J. Gallagher.
The Walbrook Building is a high quality new office headquarters building in the heart of the City of London designed by Foster + Partners.
The vendor was Minerva, and his sale is Minerva’s fourth asset sale since 2001.
Cathay Life represented itself.
Minerva was advised by CBRE and Knight Frank.