Transactions - OCTOBER 6, 2016

To read this full article you need to be subscribed to Newsline.

Sign in Start Your Free Trial Now View Purchase Options

Singapore investor buys London asset

by Andrea Waitrovich

Singapore-based United Venture Investments, managed by UOL Group, has agreed to buy 120 Holborn Island in London from Holborn Management Ltd. and 120 Holborn Propco for £229.6 million ($290.7 million).

The property at 120 Holborn Island comprises an island site with a nine-story mixed-use property in Farringdon, London. Tenants include Whitbread Group, Trainline and Secret Escapes.

United Venture Investments is a 50-50 joint venture company incorporated in Singapore by UOL Venture Investments, a wholly owned subsidiary of UOL Group, and UIC Overseas Investments, a subsidiary of United Industrial Corp.

Earlier this year, UOL Group acquired the nearby office property The Eye at 110 High Holborn for £98.75 million ($125.03 million) from UBS Central London Office Value-Added Fund. And in August 2014, UOL Group acquired

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy