British Land buys former NatWest building in Birmingham for 25 mln stg |
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Published
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Wed, 17 Jan 2007 19:33
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LONDON (AFX) - British Land Co PLC, which earlier today exchanged contracts to buy 15 TGI friday's restaurants for 48.37 mln stg from Whitbread PLC, said it is expanding its provincial development portfolio with the purchase for 25 mln stg of the former Nat West building in Colmore Row, Birmingham.British Land bought the prime city office site, located in the heart of Birmingham, with vacant possession from Omega Land.British Land has appointed the architects Hamiltons to work with it to design a new high quality signature office building on what is widely believed to be the best office development site in central Birmingham.newsdesk@afxnews.comslmCOPYRIGHTCopyright AFX News Limited 2006. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
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