UOL Group and UIC purchase residential development for S$334.2 million in Singapore

UVD Projects (United Venture Development Pte-UVDP),50:50 joint venture company formed by UOL Group and United Industrial Corporation (UIC), has purchased a privatised former HUDC estate in Potong Pasir Avenue 1 which is  also known as “Raintree Gardens” , for S$334.2 million in Singapore. The 175-unit river fronting residential development in the Potong Pasir area, was …

Singapore’s UOL Group acquires office and retail block in London for £229.6 mln

Singaporean investor UOL Group through its newly incorporated associated company, United Venture Investments (HI) Pte. Ltd., entered into a sale and purchase agreement with Holborn Management Limited and 120 Holborn Propco Limited to acquire all interest in and estate to the Property at a consideration of £229.6 million, subject to usual post-completion adjustments. The Property …