The Carlyle Group Announces Sale of 107 Cheapside Completes

London - Global private equity firm The Carlyle Group today announces that the sale from the Carlyle European Real Estate Partners Fund of its 184,000 sq ft office development at 107 Cheapside to Menolly Investments, which was agreed in January 2007, has now completed.

Menolly has dropped its Court of Appeal action which followed the High Court ruling in Carlyle’s favor. 

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Financial Dynamics
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Richard Sunderland
Laurence Jones