National Post

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.

 ??  ??

Newspapers in English

Newspapers from Canada