UK property company British Land is negotiating the sale of the Willis Building in London to the Kuwait Investment Authority, the state's sovereign wealth fund, according to newspaper the Financial Times. The Foster & Partners-designed building could fetch as much as £400mln, the paper said. The tower, which provides 43,200 m[sup]2[/sup] of space, houses the headquarters of insurance broker Willis. A British Land spokesperson would not comment on the report on Monday.
UK property company British Land is negotiating the sale of the Willis Building in London to the Kuwait Investment Authority, the state's sovereign wealth fund, according to newspaper the Financial Times. The Foster & Partners-designed building could fetch as much as £400mln, the paper said. The tower, which provides 43,200 m2 of space, houses the headquarters of insurance broker Willis. A British Land spokesperson would not comment on the report on Monday.
