one of Germany’s biggest leasing companies, has expanded its UK
property business after buying an office in the City of London
Hannover, which specialises in property, but
also leases airplanes, ships and renewable energy, bought 30 Crown
Place, a 19-storey building near Liverpool Street station,
from Greycoat Central London Office Development Fund.
The 198,000 sq ft property, completed two
years ago, is 85% occupied by Pinsent Masons, a law firm, and 15%
by Crown Place Financial.
Pinsent, which has a 20-year lease ending in
2030, plans to take over the entire building when Crown Financial’s
lease expires in five years’ time.