• In and Out Club sale collapses

The sale of the former site of the Naval & Military Club – also referred to as the "In and Out Club" –  in London, which was expected to have been converted into a hotel, is reported to have collapsed.

It is thought that a bid of £200m from a consortium of American and Middle Eastern investors was not completed within the exclusivity period. The site was previously owned by family trusts advised by property mogul Simon Halabi.

See the full story here:
http://www.thisislondon.co.uk/standard-business/article-23893249-in-and-out-club-on-the-market-as-sale-fails.do

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