City Developments buys Aldgate House in London for $328 mil

By Michelle Zhu
/ The Edge Singapore |
Join our  Telegram  channel and follow our  Facebook  for the latest update.
SINGAPORE (Sept 14): Property developer City Developments Limited (CDL) has acquired a prime freehold Grade A commercial building, Aldgate House, in London for £183 million ($328 million).
Aldgate House is strategically located in the heart of Aldgate and is bounded by Aldgate High Street, Middlesex Street and St Botolph Street.
The asset is expected to provide immediately contribution to CDL’s recurring income, and has an occupancy rate of 88%.
Advertisement
Click on the link to read further:

Follow Us
Follow our channels to receive property news updates 24/7 round the clock.
EdgeProp Telegram
EdgeProp Facebook
Subscribe to our newsletter

Our Site

Edgeprop.sg (previously known as The Edge Property Singapore) is the best property portal for real estate agents, investors, home-seekers and sellers alike in Singapore. On EdgeProp, you will be able to find the latest and hottest property news, property listings, and access tools for your research and analysis.

Whether you are looking to buy, sell or rent apartments, condominiums, executive condos, HDBs, landed houses, commercial properties or industrial properties, we bring you Singapore’s most comprehensive and up-to-date property news and thousands of listings to facilitate your property decisions. Click into any listing to check out the new AI Redesign tool to envision your property based on your preferred style, be it Scandinavian, Minimalist or many others.

View More