• UOL heads to London
Singapore hotel operator UOL Group is to pay GBP97m for a hotel site in the City of London. The plot has permission for a 190 room hotel and serviced residences in a 43 storey tower.

Prior to selling the site, developer Heron International had planned for the hotel to be branded by Four Seasons. UOL owns or operates more than 30 hotels under the Pan Pacific and Parkroyal brands.  
Read the full story here:
http://www.bloomberg.com/news/2014-08-13/uol-group-to-purchase-city-of-london-site-for-new-hotel.html
 
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