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Thomasons LLP

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SE1 refurbishment plan

Refurbishment in SW1

Lettings in Land Securities buildings

News International is taking 5,110 sq m (55,000 sq ft) of offices on the ground, first, fourth and fifth floors at Land Securities' 2 Thomas More Square and 1,400 sq m (15,000 sq ft) on the 14th floor of 3 Thomas More Square, both in London, E1. The leases run to 2020. These deals take total occupancy in Thomas More Square to just under 99% with News International occupancy at Thomas More Square over 260,000 sq ft. - (29-07-2010)

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Skanska sells to Axa Sun Life

Skanska, the Anglo-Swedish construction group, has sold its last two investment properties in London to AXA Sun Life for just under £91m. The two developments are at Thomas More Square, E1 and 55 King William Street, EC4. The 22,000 sq m (236,840 sq ft) Trinity Tower at Thomas More Square, overlooking St. Katharine Docks, completes the bulk of Skanska's sale of the development, which began last year. The King William Street property comprises 5,839 sq m (62,859 sq ft) of offices with some retail and leisure uses. Frederick Wirdenius, President of Skanska's Project Development Europe said: ‘These two sales, which made a profit for Skanska of £34 million, represent the completion of Skanska's divesting of its real estate portfolio in London. It also creates possibilities for continued investments in other attractive growth areas in Europe.’ - (11-05-2001)

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