News about London

SINGAPORE (Feb 3): City Developments is acquiring from Curatus Trust the freehold Ransomes Wharf site at Battersea London for £58 million (S$103.

KUALA LUMPUR (Feb 3): YTL Corp Bhd’s wholly-owned subsidiary YTL Hotels & Properties Sdn Bhd has expanded its assortment of luxury properties in the United Kingdom, with the acquisition of the Threadneedles Hotel in London.

THE Chinese capital outflow into the UK continues to be on the uptrend with no sign of tapering even after the Brexit vote in June last year where a referendum was conducted to decide if the UK should stay or leave the European Union (EU).

KUALA LUMPUR: TH Properties Sdn Bhd, a subsidiary of Lembaga Tabung Haji, is planning to venture into the property development scene in London and Jakarta this year, TH Properties chairman Datuk Azizan Abdul Rahman told TheEdgeProperty.

PETALING JAYA (Jan 20): AlloyMtd Group will launch the residential units of its mixed development One Crown Place in London on Feb 8.

KUALA LUMPUR (Jan 18): Confirming that it is paring down its stake in Malayan Banking Bhd (Maybank) to raise money, cash-strapped Federal Land Development Authority (Felda) disclosed yesterday that it also wants to dispose of some of its overseas assets.

THE London property market has been under scrutiny since before the UK’s vote to leave the European Union (Brexit).

KUALA LUMPUR (Jan 6): UK-based property developer Redrow Homes will launch The Park Collection on Jan 14, 2017, which is the latest phase at its Colindale Gardens development in London.

SINGAPORE (Jan 4): Franses Gallery, a London-based UK art gallery, says it is currently in the midst of a “bitter [court] dispute” with CapitaLand over a new 15-year lease of purpose-built premises within the Singapore-listed property developer’s Ascott-branded Cavendish Hotel.

THE year has been a mixed bag for the global property markets; some have performed fairly well while some, like in Malaysia, are wishing for better days ahead.