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UOL completes acquisition of 110 High Holborn London for £98.7m
UOL Group Ltd on Thursday said that its wholly-owned subsidiary Success Venture Property Investments Ltd has completed the acquisition of 110 High Holborn London for £98.7 million (S$189 million).
UOL announced last month that Success has entered into a sale and purchase agreement with Clova No 1 Ltd and Clova No 2 Ltd, as nominees of UBS Central London Office Value Added Fund, to acquire the property.
The property is located in the heart of London's Midtown (between West End and City of London) near the Holborn underground station. With freehold tenure and a net lettable area of about 10,900 sqm, it comprises offices and retail space arranged over basement, ground and eight upper floors.