Arora Group to acquire the Queen Anne's Mansions office block from Landsec for £245m.

Arora Group, a UK-focused private group of companies, which leverages synergies across its specialist property, construction and hotel divisions, agreed to acquire the Queen Anne's Mansions office block from Landsec, a real estate investment trust company, for £245m. "This sale provides strong evidence of the continuing recovery in the central London investment market and allows us to crystallise a full value for this off-strategy asset much sooner than we had envisaged," Mark Allan, Landsec CEO.