JV buys Cannon Bridge House from real estate funds managed by Blackstone for £248m. : Seoul-based FG Asset Management and The Valesco Group have teamed up to buy an office asset, from a Blackstone managed fund, for £248m (€284m). Backed by South Korean investors, Mirae Asset Daewoo and NH Investments & Securities, FG, together with the London headquartered European real estate investment manager, have agreed to buy Cannon Bridge House ‎in the City of London. Cannon Bridge House provides 286,595sqft of office space split across two interconnecting buildings, the newly refurbished River Building and the Atrium Building.