Land Securities announces has completed the purchase of the property known as 'The Atlas Site' on Glasgow's Buchanan Street directly opposite its Buchanan Galleries shopping centre, jointly owned with Henderson Global Investors, for just under £10 mln (EUR 11.2 mln).
Land Securities announces has completed the purchase of the property known as 'The Atlas Site' on Glasgow's Buchanan Street directly opposite its Buchanan Galleries shopping centre, jointly owned with Henderson Global Investors, for just under £10 mln (EUR 11.2 mln).
The site was acquired from Atlas Investments, a wholly owned subsidiary of The Elementary Property Company (in receivership) which is currently under the control of Deloitte. The acquired interest forms the majority of a development site over which detailed planning consent has been achieved for a mixed use development.
