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Ho Bee buys 2nd London realty for £171m

Subsidiary signs sale and purchase agreement to buy a prime Grade A office investment at 1 St Martin's Le Grand

Singapore

AT a time when the Singapore property market is languishing, property group Ho Bee Land continues its overseas foray, buying its second property in London for £171 million (S$362.5 million).

Yesterday, Ho Bee said that its subsidiary, HB Le Grand, has entered into a sale and purchase agreement with Nomura Properties to buy a prime Grade A office investment at 1 St Martin's Le Grand.

Originally constructed in the late 19th century, the property once served as the General Post Office of London....

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