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LONDON – One of London's most recognizable office buildings has been put up for sale.
The Norman Foster-designed tower, nicknamed The Gherkin for its distinctive pickle-like shape, was put into bankruptcy protection last year. Deloitte Real Estate and Savills expect interest in the building to come from all over the globe.
The office tower at 30 St. Mary Axe in London's financial district is co-owned by Germany's IVG Immobilien AG, which went into bankruptcy protection last year.
The 40-story office building opened in 2004 and currently has 20 tenants, including Swiss Re, Kirkland & Ellis International LLP and ION Trading.