London's Gherkin in a pickle

Updated
The 'Gherkin'
The 'Gherkin'

Famous London skyscraper the Gherkin has been placed into receivership in a move aimed at removing uncertainty over its ownership.

The 41-storey office block, officially known as 30 St Mary Axe, was sold to IVG Immobilien for a record £600 million prior to the financial crisis in 2007 but the German property business has been mired in a debt crisis since then.

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