Hwa Hong Take Major Stake in London Office Building

Hwa Hong Corp has taken a majority stake in an £18.5 million acquisition of an office building in London, the company announced on Friday.

Hwa Hong took a 71.39% interest in Garrett Property Holdings (GPH) for a nominal value of £71.39 (SGD113.90), with the remaining shares held by unrelated parties including Langland Estates Ltd (UK) and Steptwice Company.