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Thursday, April 24, 2014

Gherkin's salad days over amid financial pickle for London tower

Owners of landmark expect offers around £550m after currency fluctuations force them to sell, acording to Deloitte

The Gherkin, voted London's favourite tower, has been put into receivership 10 years after its completion helped transform the capital's skyline.


The 41-storey City landmark is likely to be put up for sale shortly and is expected to attract offers of more than £550m from Middle East sovereign wealth funds and other potential buyers.


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