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Secretive Middle Eastern investor emerges as £285m Lacon London buyer

Clandestine Middle Eastern investor Al Ain Properties has emerged as the mystery buyer behind the £285m acquisition of Lacon London in Midtown, CoStar News can reveal.
By James Buckley
September 7, 2017 | 7:23 P.M.

Blackstone Real Estate Partners Europe III announced last week that it had sold Lacon London at 84 Theobalds’s Road, WC1 to an undisclosed private investor for £285m, or £1,315 per sq ft.

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