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| British Land sells Plantation Place in the City of London The British Land Company PLC announces the sale of One Plantation Place Property Unit Trust for £527 million. British Land developed this 550, 000 square feet building which was completed in 2004. It is fully let to tenants Accenture, Wachovia Bank, Aspen Insurance and Royal & Sun Alliance and produces an income, after rent guarantees to cover rent free periods, of £27 million per annum. The purchaser is a consortium of Tishman International and Clients of Insight Investment Management. write your comments about the article :: © 2006 Construction News :: home page |