The Government has raised £371m from selling 67 acres of land around King’s Cross in London to AustralianSuper, the largest pension fund in Australia. The Government’s stake in the land was held by its wholly-owned subsidiary company LCR, which has overseen development around King’s Cross for 20 years. Financial consultant Lazard conducted the sale process, supported by real estate advisers Savills, and legal advisers Herbert Smith Freehills....
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