HEADACHE FOR AVIVA INVESTORS OVER THEIR LIBYAN LANDLORD | City A.M.
INTERESTING times at 14 Cornhill, the commercial property with a prime location opposite the Bank of England. Its owner has become embroiled in a little local difficulty involving global asset freezing.
The Libyan Investment Authority (LIA), the sovereign wealth fund that administers the troubled country’s oil billions, has owned 14 Cornhill since December 2009, when it snapped up the property – the former HQ of Lloyds TSB – for about £125m.
All was going swimmingly for the LIA’s London property portfolio until the recent troubles leading to the freezing of Gaddafi’s assets, which begs the question: what will happen now to the rent paid by the building’s City tenants, which include Russian bank OAO VTB Group and Aviva Investors?
Oxford Homes Direct are estate agents in Oxford. Letting agents,Oxford. House to rent Oxford. Property for sale Oxford. Flats in Oxford for rent. House for sale Oxford. Apartments for rent Oxford. Find houses Oxford. Rooms to rent Oxford. Homes direct in Oxford. Make the right move & find Oxford apartments, estate agents Oxford. www.oxfordhomesdirect.co.uk Oxford estate agents & Oxford letting agent. Rightmove, Oxford. Primelocation, Oxford. Rightmove, Oxford
No comments:
Post a Comment