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Hotel Properties buys 2 London buildings

HPL's stake in the investment vehicle BQJ is to be funded through third-party loan financing and internal resources

Singapore

HOTEL Properties Limited (HPL) said on Saturday that its indirect wholly-owned subsidiary has acquired a 30 per cent interest in a newly-formed company, Bankside Quarter (Jersey) (BQJ).

BQJ has in turn purchased the freehold interests in two properties in London for £308...

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