UK REIT Land Securities said on Friday that it has sold its freehold interest in New Scotland Yard property to the Metropolitan Police Authority. The company confirmed in November that it was in talks with London's Metropolitan Police to sell the 137,000 m[sup]2[/sup] property to its occupier for a price believed to be around £130 mln (EUR 139 mln).
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
