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Ho Bee still keen on London properties despite Brexit

Its sale of Rose Court will yield a net gain of about £4.5 million - to be used to reduce its borrowings

Kalpana Rashiwala

Kalpana Rashiwala

Published Wed, Feb 8, 2017 · 09:50 PM
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Singapore

PROPERTY group Ho Bee Land's chairman says the group is still keen on buying investment properties in London - despite announcing a sale of its Rose Court freehold office block in Southwark for £94.5 million (S$167.2 million) on Wednesday.

"We believe its fundamentals as a global financial city remain sound despite Brexit," said Chua Thian Poh, who is also Ho Bee's chief executive.

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