London’s Gherkin skyscraper has been bought by Brazilian billionaire Joseph Safra for a fee of £700m.
The Foster & Parners-designed building, first opened in 2004 and standing 180m (590ft) high, was acquired by the Safra Group, owned by Safra,
“While only 10 years old, this building is already a London icon that is distinguished from others in the market, with excellent value growth potential,” said a statement from the Safra Group. “We intend to make the building even better and more desirable through active ownership that will lead to a range of enhancements that will benefit tenants.’
Officially known as 30 St Mary Axe, The Gherkin was awarded the RIBA Sterling Prize in 2004 and was last sold in 2006 for a fee of £600m. Those buyers – Germany’s IVG Immobilien and UK private equity group Evans Randall – had been in default on £395m borrowed to fund the 40-storey tower’s purchase.
The tower offers a number of leisure facilities, including a restaurant and lounge bar with a 360-degree panoramic view of London, as well as a plaza with a wine bar and second restaurant.
It’s been five years since the fitness industry reopened after the last lockdown – long enough
to look back on the impact the pandemic had on the sector and what might come next.
Wattbike has announced a new integration with EGYM, which enables the bikes to contribute to
the Cardio BioAge score of individuals via a VO2 max result.
Les Mills has launched a reformer Pilates workout. The 45-minute workout blends traditional
reformer movements and more contemporary exercises, choreographed to music.
Panatta brought together four of the most influential figures in bodybuilding history on the
stage of RiminiWellness 2026: Phil Heath, Lee Haney, Ronnie Coleman and Hany Rambod. [more...]
London’s Gherkin skyscraper has been bought by Brazilian billionaire Joseph Safra for a fee of £700m.
The Foster & Parners-designed building, first opened in 2004 and standing 180m (590ft) high, was acquired by the Safra Group, owned by Safra,
“While only 10 years old, this building is already a London icon that is distinguished from others in the market, with excellent value growth potential,” said a statement from the Safra Group. “We intend to make the building even better and more desirable through active ownership that will lead to a range of enhancements that will benefit tenants.’
Officially known as 30 St Mary Axe, The Gherkin was awarded the RIBA Sterling Prize in 2004 and was last sold in 2006 for a fee of £600m. Those buyers – Germany’s IVG Immobilien and UK private equity group Evans Randall – had been in default on £395m borrowed to fund the 40-storey tower’s purchase.
The tower offers a number of leisure facilities, including a restaurant and lounge bar with a 360-degree panoramic view of London, as well as a plaza with a wine bar and second restaurant.
It’s been five years since the fitness industry reopened after the last lockdown – long enough
to look back on the impact the pandemic had on the sector and what might come next.
Wattbike has announced a new integration with EGYM, which enables the bikes to contribute to
the Cardio BioAge score of individuals via a VO2 max result.
Les Mills has launched a reformer Pilates workout. The 45-minute workout blends traditional
reformer movements and more contemporary exercises, choreographed to music.
According to research which tracked more than 147,000 people for 30 years, 90-120 minutes
of strength training a week may deliver some of the biggest long-term health rewards.
Panatta brought together four of the most influential figures in bodybuilding history on the
stage of RiminiWellness 2026: Phil Heath, Lee Haney, Ronnie Coleman and Hany Rambod. [more...]
