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SUNTEC Real Estate Investment Trust (Suntec Reit) has been busy buying office assets in the United Kingdom.
On June 29, the trust's manager announced the purchase of a Grade A office building with ancillary retail, The Minster Building, located in the City of London for an agreed property value of £353 million (S$667.2 million).
And in December, Suntec Reit completed its maiden acquisition in London of a 50 per cent interest in two Grade A office buildings with ancillary retail for an agreed property value of £430.6 million. Dubbed the Nova Properties, they are situated opposite London's Victoria station.
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