International Game Technology PLC Releases Notice of 2021 Annual General Meeting and 2020 Annual Report and Accounts
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IGT ) (NYSE: IGT) announced the release of its Notice of the 2021 Annual General Meeting (
AGM ) and 2020 Annual Report and Accounts for the period from January 1, 2020 to December 31, 2020. IGT provided information for the AGM, which will be held at IGT s Registered Office, Marble Arch House, 66 Seymour Street, Second Floor, London, W1H 5BT, on May 11, 2021, at 3:00 p.m. British Summer Time (BST).
The Notice of the AGM and the 2020 Annual Report and Accounts can be found in the Investor Relations section of www.igt.com, along with IGT s 2020 Annual Report on Form 20-F. These materials can be viewed online and are also available for download in PDF format.
British Land agrees £401 million of West End offices sales 7:31 am
British Land Company plc (LON:BLND) has announced it has exchanged upon the sale of a 75% interest in a portfolio of three buildings in the West End to Allianz Real Estate, acting on behalf of several Allianz Group companies, for £401m. The transaction represents a blended net initial yield of 4.32%, a premium to September book value and is expected to complete in January.
This transaction demonstrates our commitment to recycle capital out of assets not aligned to our core focus on mixed use London campuses, providing greater flexibility to invest in developments, including Norton Folgate, which we committed to in November and Canada Water, where we have planning permission for our 53 acre masterplan.
Allianz’ Real Estate Unit Bets on London with Purchase of Office Buildings for $539M
Allianz SE’s real estate unit will take a majority stake in a portfolio of buildings owned by British Land Co. in London’s virus-roiled West End district.
The insurance giant has agreed to pay 401 million pounds [$539 million] for a 75% interest in the office properties located in Marylebone, according to a statement Wednesday. The deal, which includes 10 Portman Square, Marble Arch House and York House, is due to complete in January.
It is the latest sign of global investors willing to bet on the long-term resilience of the world’s biggest business districts even as the coronavirus pandemic has reduced their appeal. Deals for West End buildings have picked up in the second half with investors seeking out buildings with long leases, lured by returns that dwarf those available from other safe haven assets including government bonds.
Property developer British Land agrees £401m sale of West End offices
British Land has agreed the £401m sale of West End offices.
British Land has agreed the £401m sale of a 75 per cent stake in three buildings in the West End to Allianz Real Estate.
The portfolio includes three buildings; 10 Portman Square, Marble Arch House and York House, all of which are in Marylebone.
As a result of the sale British Land will form a new joint venture with Allianz, with British Land’s interest at 25% and Allianz’s at 75%. British Land will continue to manage all three buildings and will receive an asset management fee.
Allianz bets on London s West End with £401m office deal businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.