The Business Times
business-time-50

Heeton consortium buys Crowne Plaza London Kensington

Annabeth Leow

Annabeth Leow

Published Sun, Apr 14, 2019 · 09:50 PM

    Singapore

    THE ritzy Crowne Plaza London Kensington has been sold for £84.3 million (S$148.9 million) - but it will stay in the hands of Singaporean owners.

    Mainboard-listed developer Heeton Holdings and partners announced on Sunday that it bought over the hotel's holding company, which had been controlled by Aspial Corp and Fragrance Group tie-up AF Global.

    TRENDING NOW

    Buying a new EC unit can be a cost-effective way to get into private homeownership.

    Can a first-time homebuyer couple earning S$18,000 a month afford a new EC unit?

    From left: Pham Nhat Quan Anh, Pham Nhat Vuong, Pham Thu Huong and Pham Nhat Minh Hoang. The couple (centre) remain senior figures in Vingroup, with their children’s presence in the ecosystem growing.

    He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons

    The Golden Violet oil tanker docked at a PT Pertamina facility in Tanjung Priok Port in Jakarta, Indonesia. Asia’s new energy security architecture should have a support mechanism to help Asian countries build emergency oil reserves through financing and technical assistance.

    Asia needs new energy security architecture

    Chagee's flagship store at VivoCity. The milk-tea brand is pivoting away from a franchise-heavy structure towards greater direct ownership.

    Chagee, Mixue and Luckin won the market. Sustaining their edge is the harder part

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More