Goodbody Private Clients is understood to be in talks to sell its One Lothbury office building in the City of London.

Marketing material for the building list one of the developers as Westfield Investments, which Companies Office records show is a subsidiary of the Roche retail family's Cleveland Investments, which previously traded as Roches Stores.

Roches was sold to Debenhams in 2006 but the family retained the properties.

A spokesman for Goodbody, which bought the building for nearly €170m at then exchange rates in 2007, had not returned a call at the time of writing.

Reports in Britain suggest Bank of China is interested in acquiring the investment property. The 117,000 square foot building was speculatively developed, meaning no tenant was in place before construction started, and was bought from Barclays Capital and Welbeck Land which had paid a record €49m for the site.

The building is next to the Bank of England and was purchased on behalf of a small number of the firm's high-net-worth clients.

It is close to a luxury shopping centre owned by Irish property investors Alanis and private clients Anglo Irish Bank and an office building in which clients of Bank of Ireland invested.