London property market expected to pick up

DUBAI (June 12): London house prices are expected to increase between 2% and 3% this year, and likely approach 18% to 20% in the next five years, according to global real estate services company, Cluttons LLP.

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E&O plans to list unit to help reduce gearing

KUALA LUMPUR (June 1): Eastern & Oriental Bhd’s (E&O) proposed listing of its UK-based subsidiary, Eastern & Oriental Property (UK) Ltd, on the London Stock Exchange by year-end will help the developer to reduce its gearing level, said analysts.

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