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Canadian government cashes in on London embassy

Nicholas Wallwork

Nicholas Wallwork

Editor-in-Chief
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The Canadian government has announced the sale of its London embassy for a staggering £306 million which is more than six times the asking price from 1999 when there were no bidders for the property. Despite the fact the UK government has increased stamp duty across the board it will only receive 4% for non-residential [...]

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