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Transactions - MARCH 21, 2022

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British Land and Landsec consider €956m asset swap

by Andrea Zander

British Land and Land Securities had held initial talks over a potential £800 million (€956 million/$1.1 billion) deal, which would see Landsec acquire British Land’s 50-percent share in Meadowhall, according to The Times of London.

Talks between the two companies, which began last summer, are said to have stalled, although a deal remains possible.

 

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