Derwent to sell EUR 221m property before REIT conversion

By A staff reporter 2007-05-23T00:00:00

Derwent London plans to sell off £150 mln (EUR 221 mln) of property as the newly merged company adjusts its portfolio to focus exclusively on the UK capital. Chairman Robert Rayne explained to the annual shareholders meeting on Wednesday that the majority of the non-core assets will be sold after ...

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