Rogers' Lloyd’s building set for £260m sale
Richard Rogers’ Lloyd’s building in London is reportedly in line to be sold for nearly £260 million
Chinese life insurance outfit Ping An is to be poised to buy the iconic Grade I-listed building from current owner Commerz Real – according to The Times.
The German real estate company bought the high-profile55,000m2 building for £231 million eight years ago.
In 2011, the futuristic City of London banking headquarters became the youngest Grade-I listed building in the UK.
At the time, English Heritage’s designation director Roger Bowdler describes Lloyds’ as an ‘awe-inspiring futuristic design’, adding: ‘It clearly merits the extra protection against unsuitable alteration or development that listing provides.’
Completed for £75 million in 1986, the 14-storey office block features three main towers and three service towers around a central, rectangular space.