Lincoln MGT has confirmed its purchase of the Station Hill development in Reading from Stanhope and Benson Elliot, as revealed by Property Week in February.
Station Hill is one of the UK’s largest development projects outside London and has a gross development value of more than £750m.
The 6.5-acre site has outline planning permission for 930, 000 sq ft of offices, 150,000 sq ft of retail and around 475 residential units.
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