TfL offloads head office as part of cost-reduction drive

Transport for London has sold its head office at 55 Broadway, SW1, to Integrity International Group. Integrity International Group now holds a 150-year lease on the office complex, which also includes 100 Petty France and Wing Over Station. The long leasehold interest includes the ground-floor retail units, but not the ticket hall and other operational property. TfL will be taking a short leaseback of the Broadway office space for a maximum of 12 months. Knight Frank advised TfL on the deal, which was completed last Friday. Graeme Craig, director of commercial development at TfL, said: “The opportunity for a long