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Fragrance Group sets up new unit in UK; acquires Manchester property for $21.9 mil

Property

Fragrance Group sets up new unit in UK; acquires Manchester property for $21.9 mil

PC Lee Published on Mon, Aug 28, 2017 / 10:46 PM GMT+8

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SINGAPORE (Aug 28): Fragrance Group has incorporated a wholly owned subsidiary in the United Kingdom, known as Fragrance UK-Manchester.

Fragrance UK-Manchester will be property investment holding company and has a paid-up capital of GBP1 million.

Meanwhile, Fragrance Group has acquired The Townhouse Hotel located at 101 Portland Street in Manchester, UK, for GBP12.5 million ($21.9 million).

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