Targetfellow Group, a private real estate company based in the UK, is reportedly in advanced talks to buy the twin Earls Court and Olympia exhibition centres in London for £400 mln (EUR 591 mln).

Targetfellow Group, a private real estate company based in the UK, is reportedly in advanced talks to buy the twin Earls Court and Olympia exhibition centres in London for £400 mln (EUR 591 mln).

Property Week said the vendor, St James Capital, would earn £155 mln profit on Earls Court and Olympia in just two and a half years. None of the parties named would comment on the report but Property Week said the Bank of Scotland was though to be financing the bid for Earls Court.