Sinarmas Land Limited (SGX:A26) entered into a purchase and sell agreement to acquire Building at 32-50 Strand, London from Land Securities Group plc (LSE:LAND) for approximately £200 million on May 12, 2022. The transaction is expected to be completed later in June 2022. The proceeds of the sale will be used to fund long-term growth and new acquisitions to drive returns for shareholders.

Sinarmas Land Limited (SGX:A26) completed the acquisition of Building at 32-50 Strand, London from Land Securities Group plc (LSE:LAND) on July 1, 2022.