Co Star News reported that Angelo Gordon has sold the vacant 6-7 Grosvenor Place office block in the West End to the Zaman Group for £61m.The Zaman Group, comprised of high net worth individuals from Oman, approached Angelo Gordon off market, persuading the private equity firm to sell less than a year after acquiring the vacant 36,000 sq ft block for £39.46m last December – crystallising a £21.54m profit in 10 months, less costs.

Angelo Gordon completed the internal strip out of the building, defining the net lettable area, as well as advancing the formal planning application for a change of use for the property. The building is held leasehold for a term of 137 years from 29 September 1952.

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