Canada Life is thought to be the frontrunner to buy Legal & General’s Galaxy office portfolio for £210m.
Another large portfolio was brought to the market this week.
The Oak portfolio, which comprises a £150m package of mainly office properties, is being sold by insurer Aegon.
DTZ is thought to be advising on the sale.
Canada Life is thought to be represented by Tudor Toone on the Galaxy deal; DTZ advises L&G.
All parties declined to comment.