Acquisition of Horseferry Road Ltd by Lembaga Tabung Haji

BDO.LiveSite.Deals.DealTypeTransaction Services
BDO.LiveSite.Deals.ClientNameLembaga Tabung Haji

Horseferry Road Ltd owns commercial property located at 33 Horseferry Road London, SW1P 4DR. The property includes both office and retail accommodation. 

Lembaga Tabung Haji is a Malaysian statutory body governed by the Tabung Haji Act 1995 (Act 535). It's main activities are Hajj management, depository services and investment. Tabung Haji facilitates savings for the pilgrimage to Mecca through investment in Shariah-compliant vehicles in industries such as finance, hospitality, property, plantation, information technology. It allocates about 11% of its RM88 billion fund for property investment domestically and abroad with this transaction representing the first investment deal in five years.

BDO provided financial and tax due diligence and SPA review services.