02.07.2009 - LandSecs sells London block to Libyan fund
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