A private Singaporean investor agreed to acquire an office building in Holborn from Land Securities Group plc (LSE:LAND) for approximately £140 million on January 20, 2016. The proceeds are likely to be recycled into Land Securities's 1.1m sq ft speculative development pipeline across its London portfolio. Agents at GM Real Estate was appointed by Land Securities Group for the sale. Colliers acted as real estate advisor to the Singaporean investor. A private Singaporean investor cancelled the acquisition of an office building in Holborn from Land Securities Group plc (LSE:LAND) on January 20, 2017.