TITLE

Canada commissions £300m sale

AUTHOR(S)
McClary, Samantha
PUB. DATE
September 2007
SOURCE
EG: Estates Gazette;9/22/2007, Issue 738, p39
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
27225653

 

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