Gresham House, UK property investment company, has confirmed that it has lost contact with the proposed buyer of Speke Boulevard in Liverpool. The British investor announced in September that it had signed non-binding heads of terms with an unnamed party the for sale of the building. The purchase price was set at £61 mln (EUR 87 mln) or 85% of market value - whichever was higher, conditional upon planning permission being granted for change of use of the premises to A1 retail.
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