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Sat December 09 2023

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Skanska cashes in 51 Moorgate

20 Dec 19 Swedish construction group Skanska has sold its office and retail property at 51 Moorgate in London for £56m.

51 Moorgate
51 Moorgate

The nine-storey headquarters building was developed and built by Skanska UK. Construction of 51 Moorgate began in the first quarter of 2018 and was completed in the third quarter of 2019. The building is let in its entirety to Skanska UK on a new 15-year lease. 

It totals approximately 4,300 square metres and combines office and retail space in the City of London.

The buyer is a real estate fund of Deka Immobilien.

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