Monday 19 February 2018

Anglo to sell off €66m record company HQ

Bands such as Coldplay (pictured) and Radiohead were managed from the offices
Bands such as Coldplay (pictured) and Radiohead were managed from the offices
Nick Webb

Nick Webb

KPMG, liquidator of the former Anglo Irish bank, is selling the €66m headquarters of record company Warner Music in London. Bands such as Coldplay and Radiohead were managed from these offices.

JLL has been instructed to sell the Kensington building for €66m, which could generate a tidy profit as Anglo Irish Bank Corporation, through its asset manager Charterfield, bought the office block in 2005 for just over €50m.

The building housed labels such as Virgin, EMI Classics and Parlophone before Universal Music's buyout of EMI Music in 2012.

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