{"id":100554,"date":"2018-10-26T16:51:08","date_gmt":"2018-10-26T09:51:08","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/londons-former-stock-exchange-tower-sold-to-singaporean-group-for-385m\/"},"modified":"2018-10-26T17:02:59","modified_gmt":"2018-10-26T10:02:59","slug":"londons-former-stock-exchange-tower-sold-to-singaporean-group-for-385m","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/londons-former-stock-exchange-tower-sold-to-singaporean-group-for-385m\/","title":{"rendered":"London's former Stock Exchange Tower sold to Singaporean group for \u00a3385m"},"content":{"rendered":"


\nUncertainties over Brexit give CDL \u2018opportunities to acquire assets with deep value\u2019The former Stock Exchange Tower in London\u2019s Square Mile has been sold for \u00a3385m to a Singaporean group that said it took advantage of Brexit uncertainty to strike the deal.The Singapore-listed City Developments Ltd, which is chaired by the billionaire businessman Kwek Leng Beng, has bought the freehold building at 125 Old Broad Street from the US-based private equity group Blackstone. Blackstone acquired the building for \u00a3320m in 2014, with reports suggesting it might sell for as much as \u00a3430m. Continue reading…
\n
\nSource : theguardian.com
\nRead more…London’s former Stock Exchange Tower sold to Singaporean group for \u00a3385m<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Uncertainties over Brexit give CDL \u2018opportunities to acquire assets with deep value\u2019The former Stock Exchange...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-100554","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-q9Q","jetpack-related-posts":[{"id":100522,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/city-landmark-sold-to-singaporeans-seeking-brexit-opportunity\/","url_meta":{"origin":100554,"position":0},"title":"City landmark sold to Singaporeans seeking \u2018Brexit opportunity\u2019","date":"October 26, 2018","format":false,"excerpt":"\r Blackstone divests old Stock Exchange Tower for \u00a3385m\r \r Source : ft.com\r Read more...City landmark sold to Singaporeans seeking \u2018Brexit opportunity\u2019","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":15570,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/qatar-buys-singaporean-tower-for-2-5bn\/","url_meta":{"origin":100554,"position":1},"title":"Qatar buys Singaporean tower for $2.5bn","date":"June 6, 2016","format":false,"excerpt":"\r Hopes that deal will mark turning point for property market facing a glut\r \r Source : ft.com\r Read more...Qatar buys Singaporean tower for .5bn","rel":"","context":"In "Property 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second-tallest tower in western Europe","date":"November 30, 2016","format":false,"excerpt":"\r Plans to build a 73-storey tower that at over 300 metres high would be the tallest in the City of London financial district have been approved by the local authority, which said the project was a vote of confidence in London after the Brexit vote.Long a destination of choice\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/img.youtube.com\/vi\/g4oArFcwpFE\/0.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":115760,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/londons-skyscraper-boom-runs-out-of-steam\/","url_meta":{"origin":100554,"position":4},"title":"London\u2019s skyscraper boom runs out of steam","date":"April 21, 2020","format":false,"excerpt":"\r Brexit, Grenfell and coronavirus drag down new tower construction\u00a0\r \r Source : ft.com\r Read more...London\u2019s skyscraper boom runs out of steam","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":136616,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/londons-super-prime-property-market-back-to-pre-brexit-levels\/","url_meta":{"origin":100554,"position":5},"title":"London\u2019s \u2018super-prime\u2019 property market back to pre-Brexit levels","date":"May 11, 2023","format":false,"excerpt":"\r More than 160 luxury homes worth \u00a310m or more have been sold in past year at a combined price of \u00a33.1bnMore than 160 properties worth \u00a310m or more were sold in London over the past year \u2013 the most since 2016 when Brexit spooked the global super-rich from investing\u2026","rel":"","context":"In "Property 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