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CapitaLand in alleged lease dispute with UK art gallery

Michelle Zhu Published on Wed, Jan 04, 2017 / 8:29 AM GMT+8

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SINGAPORE (Jan 4): Franses Gallery, a London-based UK art gallery, says it is currently in the midst of a “bitter [court] dispute” with CapitaLand over a new 15-year lease of purpose-built premises within the Singapore-listed property developer’s Ascott-branded Cavendish Hotel.

Cavendish Hotel is situated in the St James Art District in London, UK.

In a press release issued on Thursday morning, Franses accused CapitaLand of attempting to evict the business from Cavendish Hotel to “make way” for the development of two retail fashion outlets.

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