Updated: 12/10/2013 19:49

Lum Chang buys London property

Lum Chang buys London property

Singapore-listed Lum Chang is buying a freehold property in London for $52 million. 

The property is located in the City of Westminster Borough next to tourist attractions such as Hyde Park. 

The 30,000 square foot site has six buildings and is currently leased to a hotel operator. 

The construction firm says the acquisition is an investment, which is in the ordinary course of its business.

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