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Great Ropemaker Partnership Buys London RE

英国石油(BP)体育之间的合资企业nsion Fund and property development company Great Portland Estates has exchanged contracts to acquire 200 and 214 Gray’s Inn Road.

    A joint venture between theBP Pension Fundand property development companyGreat Portland Estateshas exchanged contracts to acquire 200 and 214 Gray’s Inn Road,The Wall Street Journalreports. TheGreat Ropemaker Partnershiphas purchased the two Central London properties for £132.8 million.

    The headquarters ofIndependent Television Newshave been bought from Boston-based real-estate investment companyBeacon Capital Partners, addsBloomberg. The properties fetch a total annual rent of £8.9 million.

    Click here for the story fromThe Wall Street Journal.

    Click here for additional coverage fromBloomberg.

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