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Great Portland Estates, the London property group, has said that it is in talks to develop a skyscraper in central London. Peter Shaw, managing director, has said that the company is to build the office block as part of a joint venture with a City Livery Company and an unnamed City Institution. Mr Shaw has refused to name the other backers for the Great Portland Estates' skyscraper. The plans have been announced as the company reported a worse than expected set of results. - (06-06-2001)
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