UBS Agrees Deal With Blackstone On New UK Headquarters - FT

1st Aug 2010 00:31

DOW JONES NEWSWIRES UBS AG (UBS) has agreed to a deal estimated at around GBP600 million to remain at a revamped Broadgate complex, owned by Blackstone (BX) and British Land Co. PLC (BLND.LN), in London, the Financial Times reported on its web site. An announcement is expected Monday, the report said. Two existing buildings will be demolished for UBS U.K. headquarters, the report said. Full story: http://www.ft.com/cms/s/0/882fadc2-9d9f-11df-a37c-00144feab49a.html (END) Dow Jones Newswires August 01, 2010 19:31 ET (23:31 GMT)