ABIL Group buys London building for close to £100 million

The Economic Times –
MUMBAI: In a closely contested auction, Pune-based realty developer ABIL Group has acquired an eight-storey commercial building at Trafalgar Square in London for nearly £100 million, or Rs 900 crore, from American global investment management corporation Black-Rock. The deal value includes stamp duty of 5% and other charges that have been paid as the registration has been concluded.

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