GN2 represents private investor as GlobalData acquires Midtown office

The listed firm, formerly called Progressive Digital Media, has bought Standard House, 12-13 Essex Street, for just over £21M from a private investor and will relocate its headquarters to the property. The private investor was represented by GN2.

GlobalData will move to the 23,000 sf ft building from its current headquarters at John Carpenter House on Carmelite Street in the City of London. GlobalData bought the building after the former tenant, UK insurance giant Charles Taylor, moved into a new 66,000 sq ft office at The Minster Building in the City.