Monday, July 2, 2007

UPDATE 1-RBS sells London Citigroup tower for $2 bln

(Reuters) - Quinlan, founder and chairman of Quinlan Private, and
property investment firm Propinvest agreed a 50/50 joint venture
to buy the property and said it is let under a 25 year lease.




The building is similar in size and structure to HSBC's
headquarters sold for 1.1 billion pounds in April in a record UK
property deal.


Read more at Reuters.com Mergers News

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