Landsec logo 2022
Site sold
22/09/2022 by Buildington
Site sold
Landsec has exchanged contracts for the sale of 21 Moorfields to an investment vehicle managed by global real estate and investments group, Lendlease.
The total consideration for the sale is £809m, which, after outstanding development-related items results in a net cash receipt to Landsec of £733m. Rothesay is providing financing for the acquisition with a 10-year...
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