LONDON-Great Portland Estates has signed contracts to sell theleasehold interest in the 28/29 Savile Row property in London. Thecompany has sold the long leasehold interest to a joint venturebetween Allied London LLP and Aerium Finance Limited for GBP 16.25million.

The property comprises 15,978 square feet of office and retailspace arranged over ground and five top floors as well as thebasement. The Pollen Estate's lease on the property expires inMarch 2150. For the full story, go to PropertyMall .

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