BROOKFIELD LOOKS TO FULLY OWN LONDON WALL OFF ICES
in talks to buy out its partner in a 700 million- pound ($ 1.1 billion) office complex in London’s financial district that includes the global headquarters of Schroders Plc, according to people with knowledge of the matter. The North American property giant owns the recently completed London Wall Place development equally with Oxford Properties
Group Inc. Oxford Properties — the real estate arm of the Ontario Municipal Employees Retirement System, a major Canadian pension fund — has been selling off stakes in London offices in recent years. The talks are ongoing and there’s no certainty that a transaction will be completed, said the people, who asked not to be identified because the negotiations are private.