Saturday 4 June 2011 12.45pm
In my humble opinion, if the property was sold in open market / auction then it is all fair and square and the council managed to get the best possible price for the asset.
What I am curious about is the fact that Southwark Council
reserved and then sold four sites subject to planning (in reality with FULL PLANNING PERMISSTION)!???????
“G.C. Bankside LLP, a 50/50 joint venture partnership between Native Land and Grosvenor, has acquired four sites totalling 46,000 sq ft for £4 million in the Bankside area of the London Borough of Southwark”