Property developer Irvine Sellar, who plans to build Europe's tallest building, has bought a Sixties office block alongside the site of the proposed London Bridge Tower site.
New London Bridge House, a 20-storey block occupied by five tenants including Standard Chartered Bank, has been sold for £39.5m.
The removal of this building will provide more space at the base of the proposed 60-storey 'shard of glass' which would remove Canary Wharf from Britain's record books and also be the world's sixth tallest building.
Irvine Sellar is awaiting the go-ahead from the government which has the final decision following approval by Southwark Council.
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