Great Portland buys London property from RBS Pension Trustee for 12.1 mln stg |
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Published
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Tue, 20 Feb 2007 10:30
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LONDON (AFX) - Great Portland Estates PLC said it has purchased a London property on New Bond St W1 from the RBS Pension Trustee for 12.1 mln stg.In addition, the property developer has carried out a 29.15 mln stg property swap with South Yorkshire Pensions Authority. GPE has purchased a property on Tenterden St W1 for 14.95 mln, while selling its New Cavendish St W1 property for 14.2 mln. The balance has been settled by GPE.newsdesk@afxnews.comjagCOPYRIGHTCopyright 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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Great Portland Estates adjusted NAV per share up 7.2 pct to 550p at Dec 31 