Hotel Properties Limited Secures Concorde Sale Tender
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Hotel Properties Limited (SG:H15) has secured the collective sale tender for Concorde Hotel and Shopping Mall in Singapore through its subsidiary, Luxury Peak Pte Ltd, for S million. The acquisition requires approval from the Strata Titles Boards and is not expected to significantly impact the company’s financial metrics. This strategic move consolidates HPL’s ownership and strengthens their portfolio in the region.
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