Land Securities sells London development for $367.4 million

06/17/2010 | Bloomberg

The U.K.'s largest real estate trust, Land Securities Group, is selling a mixed-use development in London currently under construction for $367.4 million. Park House will include 165,000 square feet of office space, 90,000 square feet of retail and 39 residential units. Qatar's Barwa Real Estate is acquiring the Oxford Street property.

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