Rupert Clarke, head of Jones Lang LaSalle Corporate Finance is advising Laing and he said: 'Laing Property has an impressive management team, property portfolio and development pipeline.' And he hinted that the buyer could come from overseas. 'There is currently a significant amount of international capital seeking to invest in opportunities with high returns such as this, and we have already received a number of unsolicited expressions of interest', Clarke said.
Laing Property currently has a £600 million ($850 million) development programme including a major town centre retail scheme in Enfield, North London, which is being developed in partnership with the Dutch institution ING and a number of office schemes in the Western Corridor being developed in partnership with the Royal Bank of Scotland.
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