UK property brokers shun Brunei fund over anti-gay laws


London: Brunei is facing unexpected hurdles on a prestigious London property project as the kingdom comes under fire for introducing laws persecuting homosexuals.

Major real estate advisory firms that had been invited by the Asian nation’s sovereign wealth fund to consult on the redevelopment of Lansdowne House on London’s prized Berkeley Square have either declined the invitation or sought clarification on the legislative changes before agreeing to participate, people with knowledge of the process said. A spokesman for the Brunei fund declined to comment.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

IEA sees gradual Hormuz recovery tipping into significant 2027 surplus
Oil extends fall, stocks steady as traders wait on Warsh
China makes new push to take yuan global, vows vigilance against financial risks
Oil slides on Iran supply prospects as traders wait on Warsh
ESG-ready Malaysian businesses better positioned to penetrate EU market, says GRI
Airbus confirms cancellation of AirAsia X order for 15 A330-900 aircraft
Dollar on the defensive ahead of first Fed decision under Warsh
Singapore's May exports rise bigger-than-expected 38.4% y-o-y, boosted by AI demand
Japan's exports beat forecast in May on strong chip demand
Equities to rebound in 2H26 over peace deal

Others Also Read