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Grosvenor to spend 50b yen to buy, refurbish Tokyo apartments

Thursday, May 15, 2014 - 06:00

[TOKYO] Grosvenor Ltd, the real estate firm owned by the family trust of the Duke of Westminster, plans to spend as much as 50 billion yen (S$614 million) to buy and refurbish apartments in Tokyo as demand for existing luxury homes increases. Grosvenor will buy residential buildings, renovate