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Goldman Sachs Property

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US bank shortlists architects

Paternoster letting

Consent for EC4 scheme

Canary Wharf offers go to 300p

Paternoster at structural completion

Quick fix for Goldman Sachs

Heron rumoured to be selling Procession House

US rivals may team up for Canary bid

Goldman Sachs and Morgan Stanley, the rival US investment banks, are said to be making a joint attempt to take control of the Canary Wharf development. The Whitehall Fund, part of Goldman Sachs and Morgan Stanley Real Estate fund are bidding against Brascan, the Canadian property group. Last week canary Wharf received sealed offers for the company. Property analysts are expecting offers of between 260p to 300p a share, putting a value on the company of around £1.5 billion. - (31-08-2003)

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CB Hillier Parker to commit?

CB Hillier Parker, the letting agent, rumoured to be about to announce that it is to pre-let St Martin Court at Paternoster Square, London EC4. The firm will take the 9,561 sq m (102,915 sq ft) building on a rent rumoured to be about £559.72 per sq m (£52 per sq ft). CB Hillier Parker is also the joint letting agent on Paternoster Square. Goldman Sachs is also said to be about to announce that it has taken the 17,438 sq m (187,702 sq ft) Warwick Court, the last major building on the scheme. - (19-08-2001)

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