D2 Private is selling a block in London’s St James’s area for £150 million, Property Week reports. A unit of the Malaysian Employees Provident Fund is seeking to acquire the block.
D2, managed by Deirdre Foley and David Arnold, appointed Jones Lang LaSalle to market the block. The entrepreneurial property investment firm bought the property for £60 million from a joint venture between JER Partners and GE Capital Real Estate in January 2006.
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