US asset management giant Blackstone is understood to have hired agents CBRE and Knight Frank to sell the Times Square office complex in London.
The £450 mln (€520 mln) office building at 160-162 Queen Victoria Street is fully let to tenants including Bank of New York Mellon and law firm Dechert, and provides 380,000 sq ft (35,300 m2) of office accommodation.
Blackstone bought the asset in March 2015 from UK REIT Land Securities for £268 mln.
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