Landsec sells New Ludgate assets to Sun Venture for £552m

New Ludgate development from Land Securities

Landsec has sold a mixed-use scheme on a 1.5 acre site next to the Old Bailey in the City of London to Sun Venture for £552m

The proceeds from the sale of 1 and 2 New Ludgate will initially be used to pay down debt before being reinvested into growth opportunities.

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