UOL completes second purchase of London property

Singapore

PROPERTY developer UOL Group has completed its purchase of 110 High Holborn in London, just days ahead of a referendum on June 23 when Britain goes to the polls to vote on whether to stay in the European Union.

The acquisition of the property for £98.7 million (S$188.4 million) - subject to post-completion adjustments - was made through its wholly owned subsidiary Success Venture Property Investments.