LONDON: London`s cash-strapped police force may sell its New Scotland Yard headquarters as part of plans to save 500 million pounds ($800 million).
The 1960s-era complex in the Victoria district could fetch between 150-200 million pounds, property agents said. The Metropolitan Police bought the block from Land Securities in 2008 for 122 million pounds.
The possible sale is part of a wider cost-cutting drive to shrink the force`s 900,000 square metres estate by one third by 2016, the Met said in an e-mailed statement.
`We won`t keep older buildings any longer than we need to...Our plans relate to all areas of the estate, including all HQ buildings and potentially moving New Scotland Yard from its current location,` a spokeswoman said, adding that no final decision had been made.
The 1960s-era complex in the Victoria district could fetch between 150-200 million pounds, property agents said. The Metropolitan Police bought the block from Land Securities in 2008 for 122 million pounds.
The possible sale is part of a wider cost-cutting drive to shrink the force`s 900,000 square metres estate by one third by 2016, the Met said in an e-mailed statement.
`We won`t keep older buildings any longer than we need to...Our plans relate to all areas of the estate, including all HQ buildings and potentially moving New Scotland Yard from its current location,` a spokeswoman said, adding that no final decision had been made.

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