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LATEST NEWS & EVENTS Land Securities and CWG joint venture begins  Land Securities and the Canary Wharf Group have undertaken a joint venture entitled the 20 Fenchurch Street Limited Partnership. The new management buy-out has arrived after plans to overhaul the 20 Fenchurch Street EC3 licensed property were announced. Land Securities sold the 37-storey development to the recently conceived partnership for £90.2 million, which had planning approval granted in October 2009. Robert Noel, managing director of Land Securities' London portfolio, said: "The joint venture brings together two substantial companies with complementary skills in the conception and delivery of large schemes in London." Earlier this week, the British Property Federation (BPF) advised ministers of the importance of a secure property market and how it will assist the country in its recuperation from the economic crisis. The BPF revealed that new development incentives and localised business rates were two of the initiatives that could help to maintain the property market's stability and aid economic recovery. Posted by Gaby Hamerton 
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