Developers to Form Joint Venture for Walkie-Talkie Tower in UK

10 June 2010 (Last Updated June 10th, 2010 18:30)

Land Securities plans to form a joint venture with fellow developer Canary Wharf Group to build the 150m-high Walkie-Talkie tower in London, UK. The deal is expected to be finalised early next month, with construction due to start in September this year, according to the Financial T

Land Securities plans to form a joint venture with fellow developer Canary Wharf Group to build the 150m-high Walkie-Talkie tower in London, UK.

The deal is expected to be finalised early next month, with construction due to start in September this year, according to the Financial Times.

Land Securities previously dropped the development due to the severe economic slump in the industry.