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Great Portland buys Royal Mail building freehold
ShareCast GPE will pay Royal Mail Group (RMG) £120m in cash for its freehold interest and has leased back the entire site to RMG until June 2013, with GPE receiving total net rent of £4.6m. After that, RMG will vacate the building, at which point GPE expects to … Great Portland secures major West End development site GPE acquires major West End site GPE To Buy Major 2.3 Acre Freehold Site In West End; GPE JV Buys Gray's Inn Road |
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