The Economist Group has today (February 12th) announced that it has agreed to sell the Economist Complex to Tishman Speyer.
The Group put the complex on the market in October 2015 to part-fund a share buyback from Pearson plc. Located at 25 St James’s Street, London, the complex consists of three buildings containing office, residential and retail space. It was designed by architects Peter and Alison Smithson and building was completed in 1964.
The Economist currently occupies the top-four floors of the “Tower” building. This space will be leased back to the Group for a further 18 months.
For more information, contact:
Mathew Hanratty, corporate communications manager
Notes to Editors
About The Economist Group
The Economist Group is built on high-quality, independent analysis which runs through all of its businesses. It is the publisher of The Economist newspaper, and its businesses include the Economist Intelligence Unit (EIU) and the Washington-based CQ Roll Call.
(February 12th 2016)