Lockton appointed broker to purchase of 30 St Mary Axe...

Lockton's real estate & construction division has been appointed as insurance broker by IVG Asticus and Evans Randall for London's iconic building ‘The Gherkin'

The 180-metre (590-feet) structure, in the heart of London's financial district, is the most expensive office block ever to have come on to the UK market.

Steve Bracey of Lockton's real estate & construction division said: “The final purchase price of £600m serves as a powerful indication of the health of the UK commercial property market. The Gherkin is an undoubted London landmark, and to secure such a prestigious building is testament to the strength of our division and our ability to deliver integrated and highly specialised cover. This is exactly the type of high profile building that helps cement our reputation for excellence.”