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LONDON (SHARECAST) - FTSE 100 property firm Hammerson has sold the freehold of one of its London properties to St. Martins Property Investments for £176m.
Some £5m of this has been deferred subject to certain conditions which are expected to be satisfied by 2013.
The property, 60 Threadneedle Street, in East London, was completed by Hammerson in January 2009 at a cost of £124m. The 214,200 square foot building is in the centre of the City of London, and forms part of the site previously occupied by the London Stock Exchange
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