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Workspace terminates Glebe share agreement

Workspace Group, the London-based flexible business space provider, has agreed terms with the former lenders to the Glebe joint venture for the termination of the Glebe Proceeds Share Agreement in return for a cash payment of £30m.
CoStar News
December 23, 2014 | 2:01 P.M.

Workspace said the payment "reflects a successful conclusion for both parties to the acquisition by Workspace of full control of the former Glebe joint venture in 2009 for an initial consideration of £83m".

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News | Workspace terminates Glebe share agreement