CDL buys £15.4m site in Leeds to build rental housing
Project is expected to be completed in 2023
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
PROPERTY group City Developments Limited (CDL) has expanded into the UK private rental sector (PRS), with a £15.4 million (S$27.5 million) acquisition of a freehold site in Leeds, from Alpha Real Trust.
This translates to about £80, or S$142 per square foot for the 193,752 sq ft site.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts