Dear Southwark Council,
On 10 August 2011, Southwark Council signed a development agreement to sell Land adjacent to Tower Bridge to Berkeley Homes Plc for the sum of £4m.
The development agreement contained an 'overage' clause meaning that Southwark would receive a share of any overage profit once Berkeley's 'One Tower Bridge' development was completed.
Please tell me how much overage profit (if any) the Council actually received from Berkeley as a result of this agreement.
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