Hwa Hong makes foray into UK office sector with $32.4 mil London property purchase

SINGAPORE (Dec 21): Hwa Hong Corporation, the property investment and development company, is making a foray into the commercial real estate sector in the United Kingdom with its first purchase of a London office property.

Subsidiary Vantagepro Investment has signed a sale and purchase agreement to acquire a 71.39% stake in Garrett Property Holdings (GPH).

GPH holds the entire issued share capital of Capital Garrett (CGL), whose principal activity is property investment. Both GPH and CGL are companies incorporated in England and Wales.