Tag Archives: London Property

Most foreign firms owning London property are registered in tax havens: report

The vast majority of overseas companies that own property in London, including many used by individuals to help disguise their ownership, are registered in tax havens, according to a report by Transparency International UK and Thomson Reuters. Just over 90 … Continue reading

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London launches inquiry into foreign property ownership

London’s mayor Sadiq Khan will launch an inquiry into foreign ownership of property in the British capital which has helped push up housing costs, the Guardian newspaper cited him as saying on Thursday (Sep 29). “It’s clear we need to … Continue reading

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London to launch inquiry into foreign property ownership: report

London’s mayor Sadiq Khan will launch an inquiry into foreign ownership of property in the British capital which has helped push up housing costs, the Guardian newspaper cited him as saying on Thursday. “It’s clear we need to better understand … Continue reading

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UOB suspends London property loans after Brexit

United Overseas Bank (UOB), Singapore’s third-largest lender, has suspended its loans programme for London properties in the wake of uncertainties caused by Britain’s vote to leave the European Union. UOB would be among the first banks in Singapore to turn … Continue reading

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Ho Bee buys sixth office property in London

Local developer Ho Bee Land on Tuesday (Dec 1) said it will buy its sixth office property in London for £99 million (S$210 million), continuing its expansion in the UK. Called Apollo House and Lunar House, the property in Croydon, … Continue reading

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Keppel Land to invest in freehold building in London’s CBD for S$186m

Keppel Land on Monday (Feb 9) has entered into a sales and purchase agreement with Aberdeen Property Trust for a freehold nine-storey office building in the City of London for £91 million (S$186 million), it announced in a press release. … Continue reading

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Qatar set to buy London’s Canary Wharf district

Qatar looked to have won a drawn-out bid to buy London’s Canary Wharf on Wednesday (Jan 28) after the owner of the landmark office quarter said its main shareholders favoured a sale. The board of Songbird, which controls 69 per … Continue reading

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London home prices fall for first time since 2011

Home prices in London, popular with overseas investors including Singaporeans, fell in September for the first time in almost four years and the outlook for the British capital’s housing market is fading, the Royal Institution of Chartered Surveyors (RICS) said … Continue reading

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UOL buys prime London site for S$202m

Property group UOL will embark on its first major development project in London following the purchase of a prime development site in Bishopsgate for £97 million (S$201.9 million). The Singapore-listed developer bought Heron Plaza, seller Heron International said in a … Continue reading

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London property may be haven for dirty money

At least 122 billion pounds ($206 billion) in property in England and Wales has hard-to-trace ownership via companies in London property may be “haven for dirty money” offshore tax havens, the Financial Times reported in an investigation. The finding, made … Continue reading

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