Login

British Land To Terminate HQ Lease With Russia's Gazprom, Raising Questions About Validity of Contracts With Sanctioned Companies

BL Wants To End Euston Offices Contract 'As Soon As Possible' Following Russian Invasion of Ukraine
German subsidiary Gazprom Marketing & Trading's offices are at 20 Triton Street. (CoStar)
German subsidiary Gazprom Marketing & Trading's offices are at 20 Triton Street. (CoStar)
CoStar News
March 3, 2022 | 2:19 P.M.

LONDON — British Land, the UK development and real estate investment giant, is looking to end its lease contract with state-owned Russian energy giant Gazprom for its nearly 80,000-square-foot London headquarters as soon as possible following the invasion of Ukraine.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE