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CDL still eyeing UK expansion

Kwek Leng Beng shares plan at signing ceremony for the rebranding of South Beach hotel to JW Marriott
Thursday, June 30, 2016 - 05:50
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Mr Kwek sought to reassure again that the group's exposure to the UK is not big enough to warrant harm to the group.

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

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