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Sinarmas buys London office building for £259m

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Alphabeta Building, a freehold prime commercial building in eastern London, has a net leasable area of 243,850 sq ft spread over nine levels of Grade A office space from the lower-ground to the eighth floor.

Singapore

SINARMAS Land is strengthening its portfolio of investment properties in London with its acquisition of a freehold prime commercial building for £258.7 million (S$551.3 million).

It is buying Alphabeta Building from institutional investor Resolution Property - its third