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RSA shortlists four for leaseback deal

Royal & Sun Alliance has shortlisted four property companies for the contract to sell and leaseback its UK property portfolio – expected to realise around £200m.

The four are: property outsourcing companies Land Securities Trillium and Mapeley, private property company London & Regional and Covista, the joint venture between Abbey National and facilities management company Stiell.

RSA is selling 80 properties totalling 4m sq ft.

Daily Telegraph 04/01/03 page 32

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