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Stamford Land and chairman buy London office-and-retail building
Stamford Land paid about £156m for a 60% stake; the remaining 40% was bought by C K Ow of Ow Global
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Fiona Lam
Published Mon, Jul 29, 2019 · 09:50 PM
Singapore
MAINBOARD-LISTED luxury-hotel operator Stamford Land Corporation has bought a 60 per cent stake in a freehold, Grade-A office-and-retail property in London, while Ow Global has acquired the remaining 40 per cent, for a total consideration of £260 million (S$441.2 million).
Ow Global is owned by Stamford Land's executive chairman, C K Ow.
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