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Thursday, October 14, 2010

Amcorp Prop buys UK property

PETALING JAYA: Amcorp Properties Bhd is enhancing its presence in London by buying a freehold commercial property along Baker Street from British Land Offices (Non-City) Ltd for £16.25mil in cash.

It told Bursa Malaysia yesterday that British Land would convert part of the building into residential units, with work on the residential scheme scheduled to start in early 2011 and completed in 12 to 18 months.

By The Star

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