PETALING JAYA: The property market in the UK is currently very sluggish and prices are low, according to analysts responding to the move by the Employees Provident Fund (EPF) and Kumpulan Wang Persaraan (KWAP) to acquire their first property there.
According to a report by Reuters yesterday, the country's two pension funds had acquired an office building as part of plans to invest up to £1bil in the British property market.
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