Land Securities sells 50% of Express State

By A staff reporter 2008-08-21T00:00:00

UK REIT Land Securities said on Wednesday that it has completed the sale of a 50% stake in the Empress State building iat Earls Court, London to a joint venture with Liberty International. The transaction volume amounts to £108 mln (EUR 136 mln), reflecting a net initial yield of 5.68%.

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