The Employees Provident Fund (EPF) put on sale two of its London properties two weeks ago, and could earn 100 million pounds (RM550 million) in profit, Starbiz reported.
It is part of the fund's active monetisation strategy of its UK assets, the business section of The Star reported.
The two office buildings are at St James Square, West End, SW1 and Tower Bridge House, E1, formerly known as the K2 building at St Katherine Docks, it reported, citing sources.
However, the indicative prices differ among the sources, with one source placing the combined value of 405 million pounds and 380 million pounds, it said.
St James Square was purchased in August 2011 at 147.5 million pounds and was placed on the market at 205 million pounds, a source told Starbiz.
Tower Bridge House was bought around the same time for 163 million pounds. EPF is looking to sell it for 200 million, the source reportedly said.
This comes after the Federal Land Authority (Felda) said it will sell its Grand Plaza Apartments building near Notting Hill, London which it purchased in 2013 amid controversy.
EPF had co-owned the nine-storey 1 Sheldon Place with Retirement Fund Incorporated (KWAP) but sold it in April 2015 for 210 million pounds, fetching a premium on its earlier investment of 156 million pounds.
The government had in 2015 advised Malaysian funds to repatriate their foreign investments to help boost the local economy.- Mkini
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