The magazine group is heading to the Adelphi on the Emabankment
Blackstone has completed the sale of the iconic Adelphi building to Amancio Ortega for around £550m – a 4.5% yield.
If completed the Adelphi disposal would be the largest sale in the West End this year.
Blackstone has signed global management consulting firm A.T. Kearney at the Adelphi, WC2