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British Land buys Stanhope

Language: English Series: Financial Times ; 3 March 1995, 20 & 18(1)Publication details: 1995Subject(s): Summary: British Land has issued a £210.7m share placing to finance the acquisition of Stanhope, which owns half of Broadgate Properties. There is speculation that BL might buy the whole of Broadgate Properties.

British Land has issued a £210.7m share placing to finance the acquisition of Stanhope, which owns half of Broadgate Properties. There is speculation that BL might buy the whole of Broadgate Properties.