Ark sold

the arkGE Capital Real Estate has completed on the sale of The Ark to a private overseas client of Citi Private Bank.

The block, designed by Ralph Erskine and next to the elevated A4 in Hammersmith has faced a struggle over the years to attract and retain tenants.

CoStar reports the sale fell short of GE’s asking price of just under £80m. GE bought the building for £49m in 2006 and is the majority tenant.

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