KUALA LUMPUR: Malaysian conglomerate AlloyMtd Group, via its wholly-owned subsidiary, MTD Capital Bhd plans to launch their mixed development project One Crown Place in UK next year despite the uncertainties brought about by UK’s vote to leave the European Union. The project marks the group’s re-entry into the London real estate market.
Group president and chief executive officer Tan Sri Dr Azmil Khalid said in a press release that the group will be signing a contract with a construction company later this year to develop the 0.94-acre site. Some of the buildings in the area have already been demolished. It however plans to refurbish a row of Georgian houses which fronts the project to provide ambience and contrast, the press release said.
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