Deloitte has today announced that Phil Bowers and Neville Kahn have been appointed Joint Receivers of 30 St Mary Axe, better known as the Gherkin.
It is widely known that the City tower, recently voted London’s favourite skyscraper, has struggled with debt problems, and the owners have failed to reach an agreement over the restructuring of the obligation.
The Deloitte statement says that senior lenders were reluctant to appoint a receiver but felt they had no choice due to the ongoing defaults.
Mr Kahn says; “The Gherkin is a truly exceptional building, a landmark recognised around the globe.
“Our priority is to preserve the value of this asset. We are in the process of communicating with all the tenants and working with the property manager to ensure the continuation of all property management services with no interruption to tenants.”
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