Goldman Sachs is said to have picked Korea’s National Pension Service (NPS) as the preferred buyer of its soon-to-be-completed European headquarters in London, according to a report in the Korean press, with the UK office building expected to change hands… Read More>>
Lai Sun Wins Approval to Build City of London’s Third-Tallest Tower
Hong Kong’s Lai Sun Group has won approval to develop a 56-storey office tower on London’s Leadenhall Street, after tycoon Peter Lam’s textiles-to-property group had purchased a pair of existing properties on the same block as London’s Gherkin office tower… Read More>>
Singapore’s Ho Bee Land Buys London Office Block for £650M
Singapore’s Ho Bee Land has agreed to acquire a property in London that increases its already sizeable holdings in the European financial capital by about 50 percent.
The £650 million ($864 million) acquisition of Ropemaker Place, a 21-storey office building,… Read More>>
Victor Li Buys UBS London Headquarters From GIC, British Land For $1.3B
Just one month after taking over from his father Li Ka-shing, Victor Li has signed his first high profile deal for CK Asset, snapping up the UBS headquarters in London from GIC and British Land for £1 billion ($1.3 billion).
China Minsheng Sells Half-Stake in London Projects for $40M
China Minsheng Investment Group’s Hong Kong-listed real estate arm SRE Group has offloaded a half-stake in a pair of London properties for a total of £29.5 million ($40 million), six months after the company’s chairman stepped down following reports of… Read More>>
China’s Outbound Ambitions Not Done Yet as Beijing Builder Eyes $204M London Prize
Beijing Zhaotai Group is poised to make its first foray into the British property market, as the mainland developer is in talks to buy a prime City of London commercial building for £145 million ($204 million), according to a report.
Hong Kong Sauce Maker Buys London’s Walkie Talkie for Record $1.7B
Sauce maker Lee Kum Kee Group is the latest Hong Kong investor to stir up the London real estate market, buying a landmark office tower in the City of London for £1.3 billion ($1.7 billion), the highest price ever paid… Read More>>