The WPJ
THE WORLD PROPERTY JOURNALReal Estate Facts Not Fiction
ADVERTISING
NEWS FEEDS
POST RELEASES
DONE DEALS
MARKET REPORTS
Property LISTINGS
Standard Life Buys QVC Building

Standard Life Buys QVC Building

Commercial News » Done Deals | By WPC Deals Team | August 21, 2013 2:14 PM ET


Standard Life is set to spend £71 million ($111.4 million) to buy the London headquarters of the QVC television channel, Property Week reports.

The 126,000-square-foot building in Chiswick Park, described as "one of the most sought after office deals outside central London," was reportedly coveted by several funds and overseas.

The seller was Schroders. The original asking price was £69 million, Property Week reports.

Private equity firm Blackstone owns Chiswick Park and is moving forward with plans to build a speculative office building in the complex, according to Property Week.


Real Estate Listings Showcase

Related News Stories

U.S. Home Sales Frozen, Hit 13-Year Low in September

U.S. Home Sales Frozen, Hit 13-Year Low in September

Asia Pacific Tourism to Approach Full Recovery in 2024, Driving Hotel Sector Growth

Asia Pacific Tourism to Approach Full Recovery in 2024, Driving Hotel Sector Growth

California Home Sales Slide 21.5 Percent Annually in September

California Home Sales Slide 21.5 Percent Annually in September

Driven by High Rates, U.S. Buyers Must Earn $115,000 to Buy a Typical Home in 2023

Driven by High Rates, U.S. Buyers Must Earn $115,000 to Buy a Typical Home in 2023

U.S. Homebuilder Confidence Further Declines in October, Third Straight Month

U.S. Homebuilder Confidence Further Declines in October, Third Straight Month

U.S. Mortgage Applications Dive 7 Percent in Mid-October

U.S. Mortgage Applications Dive 7 Percent in Mid-October

Featured Columnists Real Estate Headlines

News Archive

Reader Poll

Marketplace Links

This website uses cookies to improve user experience. By using our website you consent in accordance with our Cookie Policy. Read More