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

Project is expected to be completed in 2023

Published Fri, Mar 1, 2019 · 09:50 PM

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.

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