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CDL buys £15.4m site in Leeds to build rental housing

Project is expected to be completed in 2023


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,...

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