London Millennium Tower London Millennium Tower The London Millennium Tower was one of several ideas for the site of the former Baltic Exchange at 30 St Mary Axe, City of London that had been destroyed beyond repair by a Provisional IRA bomb blast. Designed by Foster & Partners, for then owner Trafalgar House, the plan was for the building to be the tallest in Europe and the sixth tallest in the world at that time, behind the twin Petronas Towers in Malaysia, the Sears Tower (now called the Willis Tower) in Chicago, and the twin towers of the World Trade Center in New
30 St Mary Axe for sale with a price tag of £600 million. Potential buyers included British Land, Land Securities, Prudential, ING, and the Abu Dhabi royal family. On 21 February 2007, IVG Immobilien AG and UK investment firm Evans Randall completed their joint purchase of the building for £630 million, making it Britain's most expensive office building. Swiss Re booked a gain of more than £300 million from the sale. The new owners are seeking compensation from four of their former managers on the deal, in which about £620 million was paid for a building with a build cost of about £200 million,