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Real Estate Briefing - Categorized | Commercial property Watch, Market Moves more

London property market hit as major project stalls

Posted on 17 January 2012

London’s commercial property market suffered another major setback as a deal fell through to let one of the biggest future office schemes in the City financial district.
Anglo-French developer Hammerson said law firm CMS Cameron McKenna has pulled out of talks to pre-let a third of the 600,000 square feet, 485 million pound ($741 million) Principal Place scheme in Shoreditch, which a source said will delay the April start date for construction………………………………………..Full Article: Source


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