Grosvenor Estate To Buy US Embassy Lease?

The Londoner’s Diary in the Evening Standard has reported that Mayfair landowners, Grosvenor Estate, are interested in buying the leasehold to the US Embassy site in Grosvenor Square.

The Embassy is planning to move to a new site in Nine Elms, and whilst this will take up to five years, applications of initial interest from bidders are being sought. Grosvenor already own the freehold to the site on the western side of Grosvenor Square.