PropertyEU

Development Secs sells London property for EUR 102m

By A staff reporter 2007-08-01T00:00:00

Development Securities, the London-listed development and investment company, has sold the long leasehold interest in the 23,000 m[sup]2[/sup] Building 1000 at the company's Royals Business Park to the London Borough of Newham for £75 mln (EUR 102 mln). Newham's back office staff will occupy 14,000 m[sup]2[/sup] of the building. The ...

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