Deals
Brookfield Office to Buy London Buildings for $812 Million
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Brookfield Office Properties Inc., the owner of New York’s World Financial Center, agreed to buy buildings in the City of London financial district for 518 million pounds ($812 million), its first U.K. deal in two years.
The office properties will be purchased from Hammerson Plc, a London-based real estate investment trust, the companies said today in separate statements. The transaction includes a 50 percent stake in a building near the Bank of England and a development site near Liverpool Street Station.