Yachts prepare to sail out of St. Katharine’s dock on August 3, 2009 in London, England.
Dan Kitwood / Getty ຮູບພາບ
ການພັດທະນາເມືອງຈໍາກັດ. (CDL)—ຄວບຄຸມໂດຍມະຫາເສດຖີ ຄູຄັນທຸງເບັງ—said late Monday it’s in talks to buy the historic St Katharine Docks (SKD) residential and commercial complex in London from U.S. private equity giant Blackstone.
“The company is always examining opportunities to improve shareholder value and the SKD acquisition is one such opportunity,” the company said in a ຄໍາຖະແຫຼງທີ່ to the Singapore Exchange. CDL said it has signed an exclusive non-binding agreement with the property’s seller, subject to due diligence and negotiation of the terms of the deal.
Faced with redemption requests from its property funds, Blackstone is seeking to sell the property near the Tower of London for £400 million ($496 million), according to a ບົດລາຍງານ by CoStar. City Developments didn’t comment on the reported price tag.
“The company wishes to emphasize that there’s no certainty that the SKD acquisition will materialize,” CDL said, adding shareholders should exercise caution when dealing in the company’s shares.
First opened in the 1820s, the St Katharine Docks complex currently comprises more than 500,000 square feet (46,450 square meters) of office space, 400 residential units, and a marina with berths for up to 185 yachts. The property is also surrounded by shops, restaurants and recreational facilities.
City Developments has in recent years been stepping up investments in the U.K. where it owns a portfolio of commercial properties including an office building housing HSBC’s headquarters in London. It had planned to inject the assets into a real estate investment trust that was supposed to list in Singapore, but the IPO ຊັກຊ້າ ທ່າມກາງການເໜັງຕີງຂອງຕະຫຼາດ ແລະ ເສດຖະກິດມະຫາພາກທີ່ເພີ່ມຂຶ້ນ.
Kwek ເປັນປະທານຂອງ CDL ແລະກຸ່ມ Hong Leong ຂອງສິງກະໂປ, ເຊິ່ງກໍ່ຕັ້ງໂດຍພໍ່ຂອງລາວໃນປີ 1941. ພີ່ນ້ອງຂອງລາວ. ຄວກເລົ່າຈັນ, ຍັງເປັນເສດຖີ, ດໍາເນີນກຸ່ມແຍກຕ່າງຫາກໃນປະເທດມາເລເຊຍ, ເອີ້ນວ່າ Hong Leong. ດ້ວຍມູນຄ່າສຸດທິ 9.3 ຕື້ໂດລາທີ່ລາວແບ່ງປັນກັບຄອບຄົວຂອງລາວ, Kwek, 81 ປີ, ຖືກຈັດອັນດັບທີ 5 ຂອງບັນຊີລາຍຊື່. 50 ຄົນລວຍທີ່ສຸດຂອງສິງກະໂປ ທີ່ໄດ້ພິມເຜີຍແຜ່ໃນເດືອນກັນຍາ.
Source: https://www.forbes.com/sites/jonathanburgos/2023/01/31/billionaire-kwek-leng-bengs-cdl-in-talks-to-buy-historic-london-marina-complex-from-blackstone/