Irish investment company D2 Private is reportedly buying a government-occupied block in London's West End for £180 mln (EUR 254 mln). In September Legal & General's Life and Linked Life funds put the 31,600 m[sup]2[/sup] block up for sale for £200 mln, but the ongoing credit crunch forced them to accept a 10% cut in the transaction price.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
