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LandSecs to JV with Canada Pension Plan Investment Board on £1bn Victoria Circle

Land Securities has entered talks with the Canada Pension Plan Investment Board (CPPIB) to form a 50:50 joint venture for the regeneration of London’s Victoria.
CoStar News
February 6, 2012 | 1:16 P.M.

Market sources said CPPIB had entered exclusive talks to pay around £150m for the stake in the £1bn Victoria Circle scheme. It is understood to have beaten strong competition from in particular other North American funding partners.

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