US billionaire Telegraph suitor to dramatically expand London office [Yahoo! Finance]
BRITISH LAND CO S/ADR (BTLCY)
NASDAQ:AMEX Investor Relations:
britishland.com/investors
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Source: Yahoo! Finance
US hedge fund Citadel and its sister market maker Citadel Securities, founded by Mr Griffin, are reportedly preparing to move into British Land's new flagship skyscraper. The companies have agreed to lease 250,000 sq ft of office space in 2 Finsbury Avenue in the City of London, with options to lease another 130,000 sq ft. The deal means that Citadel and Citadel Securities will occupy at least a third of the 750,000 sq ft office building. British Land's new dual high-rise skyscraper, comprising a 36-storey east tower and 21-storey west tower, is currently under construction and is set to be completed in 2027. Citadel, one of America's largest US hedge funds with $58bn (£46.5bn) under management, was founded by Mr Griffin in 1990. He is currently chief executive and head of investment of the firm. In 2001, the American billionaire founded Citadel Securities, an electronic trading firm which buys up millions of trades and sells them onto the market for profit. Mr Griffin an
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News
- Hedge fund Citadel to expand its London office space with tower move [FT.com - Mergermarket]FT.com - Mergermarket
- Hedge fund Citadel to expand its London office space with tower move [Financial Times (FT.com) (UK)]Financial Times
- Griffin's Citadel to Relocate London Offices to New Development [BNN Bloomberg (Canada)]BNN Bloomberg
- British Land: 6% Yield Makes It An Attractive Income Play In The European REIT Sector [Seeking Alpha]Seeking Alpha
- Meta's former London landlord set for $430 million payday after tech giant's 9-figure ‘surrender fee' [Fortune]Fortune