Home Commercial Property Government puts King's Cross development up for sale for £360m

Government puts King's Cross development up for sale for £360m

by Sponsored Content
17th Aug 15 11:53 am

Shares in development to be sold

We’ve written about the government’s aim to sell publically-owned shares in the King’s Cross Central Partnership before, but it seems George Osborne is putting the plans into action.

The Office for Budget Responsibility predicts the government will make £360m on the sale of the shares, which represent a 36.5% stake in the company developing the 67-acre (27 ha) site.

The building project, which includes shops, offices, colleges, homes and parks is Europe’s largest city centre development.

The sale is part of Osborne’s plan to bring in £32bn from selling public assets – the most ever raised this way.

See more of what he plans to sell.


Car - Workers may ditch company cars for their own vehicle

Here’s how car insurance companies screw you in fees

Camila Batmanghelidjh

Kids Company boss Camila Batmanghelidjh to launch a London food bank for children

Leave a Comment