The long -term lease at the O2, the most famous live entertainment location in London, was sold to the greatest specialist in British pensions insurance.
Sky News understands that an agreement was signed last week for Rothesay, the title sponsor of home test cricket matches in England to acquire the 999 -year -old Landmark lease for around 90 million pounds Sterling.
The agreement, which should be announced in a few days, comes more than two months after Sky News reported that Rothesay was the favorite to win an agreement.
Rothesay has become one of the most efficient specialized insurers in Great Britain, having been created in 2007.
He now protects pensions of more than a million people in Great Britain and made more than 300 million pounds sterling of retirement payments each month.
The auction of the O2 lease started several months ago, when the richest college in the University of Cambridge, Trinity, asked the advisers to launch a sales process.
The Trinity College, which ranks among the largest British landowners, acquired the site in 2009 for 24 million pounds sterling.
The O2, which increased the shoulders of its status as “the white elephant” following its disastrous beginnings as Dome Millennium in 2000, has since become one of the main places of entertainment in the world.
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Operated by Anschutz Entertainment Group (AEG), he hosted a wide range of musical, theatrical and sports events over almost a quarter of a century.
The Trinity College, founded by Henry VIII in 1546, bought the O2 lease at Lend Lease and Quintain, the real estate companies that had taken control of the Dome Millennium site in 2002 for nothing.
In a joint statement published in response to a Sky News investigation, Rothesay and Trinity College Cambridge said that they were “happy to confirm that Rothesay will be the long -term owner of the Arena O2, following a competitive auction process for the lease of this landmark in London”.
A Rothesay spokesperson said separately: “prestigious and high-quality real estate assets like O2 are an important part of Rothesay’s investment strategy, providing foreseeable and reliable yields that create real security for a million more pensions we protect.”