LAND SECURITIES GROUP PLC - LandSec reaches first close on Trillium PPP jv.

PR Newswire UK Disclose, December, 2007

 
For immediate release 
 
14 December 2007 
 
Land Securities Group PLC ("Land Securities") 
Land Securities reaches first close on Trillium PPP joint venture 
 
Land Securities Group PLC has today announced the first closing of Trillium PPP 
Investment Partners (Trillium Partners), the joint venture established to 
enable third party investors to gain exposure to Land Securities Trillium's 
Public Private Partnership contracts (including their Public Finance Initiative 
work). 
 
Including the 15% equity stake which Land Securities Trillium intends to hold 
over the long term, Trillium Partners has now received firm commitments for 67% 
of the equity and remains on target to reach financial close by the end of 
March 2008. Together with the debt financing completed last month,...

            
        
    
    	    
                
                
	

		

					 
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