Issue 2011 August 30th

This issue was created on 2011-08-30 12:00:00

  • Land Securities looks for majority stake in X-LeisureAugust 30, 2011
Land Securities is in talks to take a controlling stake in the GBP550m X-Leisure fund, which its owners recently revealed was no longer part of their core strategy. The UK's largest REIT is understood to be holding preliminary negotiations with both Capital & Regional and Area Property Partners about taking over their stakes in the fund.
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