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Swiss Re completes Gherkin sale

Sarah Veysey

February 23, 2007 Reprints

P/C Insurers More + Less -

LONDONSwiss Reinsurance Co. has completed the sale of its London office building, 30 St. Mary Axe, the company announced.

Swiss Re said it would remain a principal tenant of the building for the "foreseeable future."

The 41-story building, nicknamed the "Gherkin", has been sold to an affiliate of German real estate corporation IVG Immobilien A.G. for £600 million ($1.17 billion).

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Swiss Re completes Gherkin sale

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