Friday, April 25, 2014
Gherkin In A Pickle
IVG Immobilien and Evans Randall find themselves in a bit of a pickle as the Gherkin (jointly owned byu both of them) is in receivership.
The Gherkin (formal name 30 St Mary Axe) was bought by the companies in 2007 for £600M.
IVG Immobilien filed for insolvency last year, and Evans Randall has been unable to agree a new deal with IVG.
LondonlovesBusiness reports that the Gherkin is now up for a partial sale.