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News » UK
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British Land agrees £401m of West End offices sales to Allianz RE

British Land has exchanged upon the sale of a 75% interest in a portfolio of three buildings in the West End to Allianz Real Estate, acting on behalf of several Allianz Group companies, for £401m (c. €444.3m). The transaction represents a blended net initial yield of 4.32%, a premium to…