CDL still eyeing UK expansion
Kwek Leng Beng shares plan at signing ceremony for the rebranding of South Beach hotel to JW Marriott
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
UNDETERRED by "Brexit" scares, City Developments (CDL) is still looking to add to its UK hotel portfolio. In fact, it believes that these uncertain times may be the best opportunity to pick up assets from anxious owners looking to sell.
Executive chairman Kwek Leng Beng told this to the audience at a signing ceremony, as he sought to reassure again that the group's exposure to the United Kingdom is not big enough to warrant harm to the group.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Amazon’s MGM Studios gains creative control over ‘James Bond’ franchise
UOB’s Wee Ee Cheong says S$4.9 billion Citi deal ‘paying off’ as Asean push accelerates
In taxing wealth, how far can Singapore push property owners?
