February 8, 2017 / 9:19 AM / 5 months ago

BRIEF-Ho Bee Land sells Rose Court in London for £94.5 million

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Feb 8 (Reuters) - Ho Bee Land Ltd

* Ho Bee Land sells rose court in london for £94.5 million

* Unit Grandiose Investments Pte. Ltd. (GIPL) has entered into an agreement for sale of Rose Court in Southwark, London

* Group intends to use sale proceed to reduce its borrowing

* Sale will yield a net gain of approximately £4.5 million Source text for Eikon: Further company coverage:

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