Amundi sells final UK portfolio assets

French asset management giant Amundi has sold the last two remaining assets from its UK portfolio for a combined £158m.

Swiss property firm Balder has acquired 8 Fenchurch Place, EC3, for £75m and boutique investment bank London & Oxford Group is understood to have exchanged contracts on Westferry House, E14, for around £83m.

Amundi, the asset management subsidiary jointly created by Crédit Agricole and Société Générale, instructed Cushman & Wakefield in May to advise on the sale of the UK portfolio of eight office buildings it has largely acquired over the past five years.

Some of the