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Ho Bee acquires London property for £99 million

Chairman says acquisition is unique as it offers group recurrent income till 2023 lease expiry

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The property comprises two office buildings of 20 storeys and 22 storeys, providing a total 441,797 square feet of office space.

Singapore

HO BEE Land has acquired a freehold property known as Apollo House and Lunar House in London for a gross consideration of £99 million (S$210 million), its third major office acquisition this year.

A sale and purchase agreement was inked between its indirect wholly owned...

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