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| Name | Symbol | Market | Type |
|---|---|---|---|
| BT Group PLC | NYSE:BT | NYSE | Depository Receipt |
| Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 10.57 | 0 | 01:00:00 |
From May 2019 to May 2024
By Adria Calatayud
BT Group PLC (BT.A.LN) said Monday that it has sold its London headquarters to Orion European Real Estate Fund V, a fund managed by Orion Capital Managers, for 209.6 million pounds ($260.9 million).
The U.K. telecommunications company said the deal includes an initial leaseback agreement of 30 months, during which time BT plans to move its headquarters to a new London location.
BT had previously said it intended to sell its headquarters as part of its transformation program.
Write to Adria Calatayud at adria.calatayudvaello@dowjones.com
(END) Dow Jones Newswires
July 17, 2019 04:22 ET (08:22 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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