{"id":11976,"date":"2009-09-18T06:02:20","date_gmt":"2009-09-18T10:02:20","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=11976"},"modified":"2009-09-18T06:47:33","modified_gmt":"2009-09-18T10:47:33","slug":"british-land-sells-broadgate-stake-to-blackstone","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2009\/british-land-sells-broadgate-stake-to-blackstone.html","title":{"rendered":"British Land sells Broadgate stake to Blackstone"},"content":{"rendered":"<p>Reuters &#8211; British Land has sold a 50 percent stake in City of London office complex Broadgate to Blackstone  in a deal crafted to thrust the UK real estate firm to the front of the chase for UK property bargains.<\/p>\n<p>The private equity giant has paid just 77 million pounds ($127.5 million) for the half stake in Broadgate, one of London&#8217;s biggest office landmarks.<\/p>\n<p>It will also take on half its 1.97 billion pounds debt pile, freeing up British Land to mount a much speculated buying spree as a two-year property slump nears an end.<\/p>\n<p><a title=\"Read Complete Article\" href=\"http:\/\/www.reuters.com\/article\/marketsNews\/idUSLI9373120090918\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; British Land has sold a 50 percent stake in City of London office complex Broadgate to Blackstone in a deal crafted to thrust the UK real estate firm to the front of the chase for UK property bargains. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[8519,4603],"class_list":["post-11976","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-blackstone","tag-real-estate-firm"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11976","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=11976"}],"version-history":[{"count":3,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11976\/revisions"}],"predecessor-version":[{"id":11978,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11976\/revisions\/11978"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=11976"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=11976"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=11976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}