From Reuters: Britain’s biggest property company, Land Securities, has sold its Portman House retail and office building on London’s Oxford Street to Kinloss Property Limited, a wholly owned subsidiary of the Libyan Foreign Investment Company (LAFICO) for 155 million pounds ($254.8 million).
London is fast becoming a favourite destination for sovereign wealth fund capital after a near-45 percent fall in average property prices since June 2007………Full Article: Source



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