Allianz takes a £400m stake in West End office portfolio
23 December 2020 - 10:50
London — Allianz’s real estate unit will take a majority stake in a portfolio of buildings owned by British Land in London’s virus-roiled West End district.
The insurance giant has agreed to pay £401m for a 75% interest in the office properties located in Marylebone, according to a statement Wednesday. The deal, which includes 10 Portman Square, Marble Arch House and York House, is due to complete in January...
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