Subject: Re: UTG - wow, the buybacks are getting interesting!
It will be interesting to see if they do sell it, and if so, how much they get.

Indeed.
Funny market in central London at the moment. Rents and occupancy are high, rents still rising, but the price of flats is falling like a stone. e.g., down 15-16% in the last year in Westminster and in Kensington & Chelsea. Of course that observation might have zero or even negative applicability to 180 Stratford which is a few miles and cultural changes from "central London".

I doubt they'd sell for a bad price. They aren't in desperate need of the cash, and it is bad PR. So I'd expect a sale near book, or no sale.

Jim