Gamuda sparks optimism

The purchase represents an expansion in Gamuda’s Quick Turnaround Projects (QTP) strategy in search of higher returns in real estate development, which had seen it invest in QTPs in Vietnam earlier.

PETALING JAYA: Gamuda Bhd’s ground-breaking acquisition of London’s Winchester House – the current UK headquarters of Deutsche Bank AG – has analysts largely maintaining a “positive” view on the counter.

The purchase represents an expansion in Gamuda’s Quick Turnaround Projects (QTP) strategy in search of higher returns in real estate development, which had seen it invest in QTPs in Vietnam earlier.