Ivanhoé Cambridge, the real estate arm of the Caisse de dépôt et placement du Québec, and TPG Real Estate have sold a London office building.

Financial terms of the deal were not disclosed.

They sold the building, Woolgate Exchange, to Taiwanese life insurance firm Cathay Life.

Woolgate Exchange is a 351,000-square-foot building located in the heart of the City of London and situated near the Bank of England.

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