An announcement that British Telecommunications looks likely to receive £2bn from the sales of its property portfolio by early summer is expected today.
The sale would be six months ahead of schedule and is credited to new finance director Philip Hampton who has brought new urgency to property negotiations.
Land Securities Trillium and Mapeley are expected to be named as short-listed bidders for the 7,500 sites.
Financial Times 23/03/01 page 25
The Daily Telegraph 23/03/01 page 35
