The Lloyd's building could be sold to Commerzbank in a deal...
The Lloyd's Building could be sold to Commerzbank in a deal worth £230m, reports said yesterday.
According to reports, a German fund, made up of private investors and sponsored by Commerzbank, has entered detailed discussions to purchase the landmark building from Deka Immobilien.
The building was attractive to investors because it offered a return on investment of 6.75%, reports said.
If the deal is successful, Deka is expected to make £50m after buying the property for £180m in 1996.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
