International law firm Taylor Wessing has acted for a private Israeli investor, on the £220m sale of 71 Queen Victoria Street, a 200,000 sq ft office building to Pacific Eagle, a Singaporean ultra-high net worth family office.

The property, which sits between the Bank of England and St Paul’s Cathedral has been extensively redesigned and redeveloped and new tenants include Virgin Active, Wedlake Bell, Saffery Champness and Funding Circle. 71 Queen Victoria Street is held on a long leasehold, expiring in October in 2954, and produces an annual rent of £9.98m.

The Taylor Wessing team was led by Real Estate partner Keith Barnett and was supported by Hanna Ross (Real Estate) and Charlotte Chambers (Corporate).