- E&O), is buying vintage office buildings Landmark House and Thames Tower in London for £57 million (RM308 million)
Malaysian property developer, Eastern & Oriental Bhd (E&O), is buying vintage office buildings Landmark House and Thames Tower in London from Gems Hammersmith (Luxembourg) Sarl for £57 million (RM308 million).
The purchase marks its third in London. It bought Princes House in 2012 and ESCA House last year.
"The proposed acquisition is consistent with the groups corporate strategy which includes strengthening its overseas growth engine and to establish the E&O brand internationally," it said in a filing late on Monday. – Reuters, January 20, 2015.