Office floor fetches $120m

PUBLISHED : Wednesday, 30 June, 1993, 12:00am
UPDATED : Wednesday, 30 June, 1993, 12:00am

NEWFOUNDLAND International is paying $120 million for On Land, a company owning the eighth floor of the Lippo Tower in Admiralty.


It said the vendor was not connected to the company and Newfoundland, recently taken over by parties with claimed mainland connections, is to use part of the space as its own offices.