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Knight Frank Singapore stays independent despite new shareholder

Chairman says licence agreement from Knight Frank UK helps ensure firm is 100% independent

Singapore

PROPERTY consultancy Knight Frank Singapore said on Tuesday that it remains fully independent and will still need to compete for projects despite the entry of property developer and jewellery retailer Aspial Corporation as a new investor.

The comments came on the sidelines of a media briefing on the company's 75th anniversary this year and the launch of its new coffee-table book to mark the occasion.

The book tracks the evolution of Singapore's real estate sector from the 1940s. Based largely...

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