BusinessBloomberg’s future London headquarters for sale at £100 millionJoanna Hodgson29 September 2015The future European headquarters of Bloomberg, which will be bigger than the Bank of England, is hitting the market with a price tag of around £100 million. Legal & General Property has decided to sell its freehold interest in Bloomberg Place, which was the scene of a glitzy ceremony earlier this month attended by former New York mayor and founder Michael Bloomberg. The celebration was to mark the near halfway construction point on the development which is built over Roman ruins between St Paul’s and Clerkenwell.Bloomberg Place will include two buildings of 507,526 square feet and 255,543 square feet. The interest for sale comprises a long lease to Bloomberg.It has been planned since around 2010, and will see the financial news firm relocate from Finsbury Square from 2017. Read MoreWH Smith hire turnaround veteran with package that could be worth £25mBlue Posts boss: If opening a pub becomes so risky, people just won't do itUK to reimburse visa fees for top tech and science firms in push for growthSponsoredDiscover a hidden island paradise in the Indian Ocean Selling agent Nigel Fox of Capital Real Estate Partners said it is the first time the freehold has been on the market since the 1950s.L&G declined to comment on the price, but City property agents estimate it will reach over £100 million.Fox added: "It will appeal to risk adverse investors who want to secure the very best assets for their future generations."MORE ABOUTPropertyCommercial real estateBloomberg
