The following is an excerpt. To view the full article please visit the link below.

OTTAWA - Canada's top diplomat in the United Kingdom says security concerns were one consideration in the $530-million sale of the historic London mansion that houses part of the Canadian High Commission.

But High Commissioner Gordon Campbell said Canada managed to sell Macdonald House at One Grosvenor Square in London to the highest bidder, an Indian developer.

The Mumbai-based Lodha Group will take over the downtown property in London's posh Mayfair district in December 2014. The deal was announced Thursday after the Harper government declared its intention to sell it earlier this year.

Canada plans to consolidate its diplomatic activity at another historic...

* * *
The opinions expressed in this article/multimedia are those of the author(s) and do not necessarily reflect the views of CIGI or its Board of Directors.