Derek Quinlan, Propinvest complete EUR 1.4 bn Citigroup deal

Irish investor Derek Quinlan and Propinvest, a London-based private investment company, have completed the acquisition of the European headquarters of Citigroup Bank in London from Royal Bank of Scotland for £1 bn (about EUR 1.4 bn). The trophy asset will be leased back to Citigroup for 25 years.

You have now reached your article limit

Already have an IPE Real Assets account? Sign in

PropertyEU has merged with IPE Real Assets

If you had a PropertyEU account, simply reset your password to get access to IPE Real Assets.

New users can Register for free today for access to the PropertyEU Archive and IPE Real Assets.

Register today

Registration also includes access to IPE

Gated access promo

Five reasons to register today

  1. Access IPE Real Assets articles
  2. Daily news alerts and updates
  3. Track what the world’s leading institutional investors are doing
  4. Learn about the latest industry research and market analysis
  5. Comprehensive archive of data and intelligence on investors and fund managers, including the PropertyEU Archive