CLS sells three properties for £49m

CLS said it had sold three properties for a total of £49m at an average of 7.5% above December 31, 2022 valuations.

The company said it had sold Westminster Tower, Albert Embankment to Australian developer Third.i with expected completion in September 2023, a smaller office property, St Cloud Gate in Maidenhead, UK and a legacy land holding outside Helsingborg in Sweden with planning permission for logistics.