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Suntec Reit makes London foray with £430.6m acquisition of Nova devt

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SUNTEC Real Estate Investment Trust's (Suntec Reit) manager is looking to acquire a half stake in London's Nova development from Canada's pension fund, based on an agreed property value of £430.6 million (S$766.5 million). Read more at The Business Times.

The Nova estate is located in London's prime West End business district, bounded by Victoria Street, Bressenden Place and Buckingham Palace Road.

SUNTEC Real Estate Investment Trust's manager is looking to acquire a half stake in London's Nova development from Canada's pension fund, based on an agreed property value of £430.6 million .

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