CDL acquires London commercial building for £183m
The purchase of Aldgate House, beside Aldgate tube station, is part of focus on growing recurring income in gateway cities
Add BT as a preferred source
Janice Heng
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
CITY Developments Limited (CDL) announced on Friday that it had acquired a prime freehold Grade A commercial building in London for £183 million (S$328 million).
The acquisition of Aldgate House, beside Aldgate Underground Station, in the district of Aldgate is "part of its focus on expanding recurring income in global gateway cities", CDL said.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
