The most recent significant property bought by Ho Bee in London was the 675-feet tall The Scalpel, in Feb 2022.
Ho Bee paid $1.3 billion for the freehold property at the junction of Lime Street and Leadenhall Street
It owns other properties such as Ropemaker Place, 1 St Martin's Le Grand and 67 Lombard Place.
According to CBRE, UK commercial property capital values decreased by 13.3% as a whole in 2022.
See also: MAS net profit rises to $19.7 bil in FY2024/25 with investment gains more than doubling y-o-y
Ho Bee expects to report on or before Aug 10.
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Ho Bee Land shares ended July 14 at $2.01, down 0.99% for the day and down 16.25% year to date.
