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Lendlease first option

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The Bree Louise after closure

David Higgins’ old company Lendlease has been given ‘first option’ to buy the entire 21.8 hectare Euston HS2 site, the Camden New Journal reported.

[HS2 and the great £4bn property bonanza, Tom Foot, CNJ, 1 March 2018]

[…] in terms of a contract agreed behind closed doors in April last year, and so far unannounced to the public – the company will be offered first chance to buy its finished project.

A HS2 spokesman said: “Land has not been sold to Lendlease yet and we will only sell if we are happy with the proposed development. They have first right to buy, but no guarantee that we will sell.”

[…] The firm beat King’s Cross developer Argent, Canary Wharf and US property giant MTR to win the Euston contract in what HS2 describes as an “anonymised” bidding process.

Written by beleben

March 2, 2018 at 9:18 am

Posted in HS2, London, Politics

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