HML acquires property management business

LONDON: HML Holdings plc, a leading provider of property management, insurance and ancillary services to residential property blocks, has announced the acquisition of Leasehold Management Limited (LML) for a consideration of £438,000 plus an additional payment for the surplus working capital. Alec Guthrie, Chief Executive of HML, said: “The Acquisition… Continue reading

HML acquires Cambridgeshire property management business Francis Butson & Associates

LONDON: HML Holdings plc, a leading provider of property management, insurance and ancillary services to residential property blocks, has acquired Francis Butson & Associates (FBA), a property management business located in St. Neots Cambridgeshire. HML PM Limited, the property management subsidiary of HML has purchased the business and assets of… Continue reading

Frasers Property Australia to sell 50pc stake in 2 Southbank Boulevard

MELBOURNE: Frasers Property Australia has exchanged contracts with GPT Wholesale Office Fund (GWOF) to sell a 50 percent share in 2 Southbank Boulevard, one of Melbourne’s most highly regarded prime office towers, for A$326.2 million. The gross sale price represented an initial yield of 4.8 per cent and settlement is… Continue reading

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