LONDON (Thomson Financial) - London & Continental Railways, the consortium
that operates the UK arm of the Eurostar international train service, is in
talks with Australian developer Westfield over the possible sale of some of
LCR's land holdings, the Observer newspaper reported.
LCR is considering selling the land surrounding Stratford station in east
London, it said, adding that three independent valuers will assess next month
how much the 67 acres behind St Pancras station is worth.
LCR's shareholders include Rail Link Engineering, National Express Group,
SNCF, EDF Energy and investment bank UBS.
monicca.egoy@thomsonreuters.com
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