Legal Business

‘Trophy assets’: Bakers and Taylor Wessing lead on Gherkin sale

Baker & McKenzie and Taylor Wessing helped finalise the sale of London’s iconic Gherkin building to the Safra Group for over £700m.

The sale last month of one of London’s most distinctive and recognisable landmarks, the 40-storey skyscraper, located at St Mary Axe in the City’s primary financial district, was placed into receivership in April after one of its owners was placed in insolvency, with big-four giant Deloitte appointed as receiver.