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IJM Corp acquires RM407.9mil London property, plans RM853.5mil redevelopment

The Star LogoThe Star5h ago

IJM Corp acquires RM407.9mil London property, plans RM853.5mil redevelopment - The Star

Quick Summary:

KUALA LUMPUR: IJM Corp Bhd has acquired a £72.5 million (about RM407.9mil) leasehold interest in the historic 1-5 London Wall Buildings, now rebranded as 25 Finsbury Circus, in London's financial core.

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The redevelopment will increase the building’s total footprint by 26%, from 300,453 sq ft to 378,060 sq ft of gross internal area (GIA), with 251,000 sq ft of net lettable area (NLA) across two basement levels, ground, and eight upper floors.

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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-12 @ 17:59:00 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 400 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 26917194

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About The Star

The Star Logo

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 45 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 2 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

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The story "IJM Corp acquires RM407.9mil London property, plans RM853.5mil redevelopment" was covered 5 hours ago by The Star, a news publisher based in Malaysia.

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  • News ID: #26917194
  • URL: https://beamstart.com/news/ijm-corp-acquires-rm4079mil-london-17417741437882

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