Speculation is mounting that Norwich-based property millionaire Ardeshir Naghshineh has entered talks over a potential purchase of The O2 in Greenwich through his Targetfollow investment vehicle.

Speculation is mounting that Norwich-based property millionaire Ardeshir Naghshineh has entered talks over a potential purchase of The O2 in Greenwich through his Targetfollow investment vehicle.

The arena, formerly known as the Millennium Dome, was put up for sale at the start of February with a £35m price tag.

Meridian Delta Dome Limited, a joint venture between the property companies Quintain Estates and Development and Lend Lease, plans to sell the 99-year lease on the 02, including the freehold to the arena itself and its surrounding leisure space.

Daily Telegraph