One of Singapore's top businesswomen is scouring London with £500m to spend on more hotels in the capital.
Singaporean property-to-hotel giant Kop Group's chief executive, Leny Suparman plans to invest in new hotel developments in London's West End as well as country hotels.
Kop Group bought its first London hotel development at the end of last year at 10 Trinity Square – formerly the Port of London Authority's HQ. It is turning the Beaux Arts building into a luxury 120-bed hotel, with 37 apartments. Designed by David Collins, the hotel will include a private club, three restaurants and a spa, and will open in 2014.
Ms Suparman said: "We are building the first Ritz Carlton hotel and residences in Asia – one of two projects to open this year. We are diversifying the business, and London is a good choice.
"We have a special association with Trinity Square – being from a former British colony, the UN room has special meaning."