Land Securities Group PLC confirms that, further to its announcement in November 2004, it has completed the sale of Bowater House to a Guernsey based property development vehicle. The sale price was ₤150m.
Mike Hussey, Land Securities’ Managing Director, London Portfolio, commented:
“We are delighted to have concluded the sale of Bowater House, recognising the value we have created through developing plans for a world-class residential scheme.”
Source: Land Securities