British Land is embarking on the joint development of a £100 mln (EUR 114 mln) office scheme on Baker Street in the West End of London. The UK REIT announced on Friday that it is acquiring a property located at 2-14 Baker Street from Northern Irish construction group McAleer & Rushe for £29 mln (EUR 26 mln).
Ares, Coima and MEAG are three investors which have closed multiple acquisitions in the last few weeks.
