Canada commissions £300m sale

McClary, Samantha
September 2007
EG: Estates Gazette;9/22/2007, Issue 738, p39
Trade Publication
The article reports that the Canadian government could raise more than £300 million after resurrecting its plans to sell its British High Commission building called Macdonald House on Grosvenor Square in London, England. It says that the government will sell the building and acquire a new one in Mayfair. It states that developers from across the globe are expected to bid for the facility which could be redeveloped as a five-star hotel or luxury flats.


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