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>>
Mainland Developer Cheung Kei Buys Canary Wharf Office for $530M
Shenzhen’s Cheung Kei Group has recently completed the biggest real estate deal in London’s Canary Wharf since 2014, buying up a 12-storey prime office building in the financial district for £410 million ($530 million).
Undeterred by mainland China’s tightening controls… Read More>>
Wanda Agrees to Buy London Site for $595M Despite Credit Crackdown
China’s banking regulator may have ordered a review of Dalian Wanda’s borrowing practices, and the mainland has instituted controls on cash outflows since late last year, but that hasn’t stopped China’s richest man from agreeing to spend £470 million ($595… Read More>>
CR Land Adds $385M Acquisition to $4.7B in Chinese London Deals in 4 Months
China Resources Land has made its first major overseas investment, partnering with a European REIT to acquire a trophy office building in the City of London for £300 million ($384.6 million). The Shenzhen-based, Hong-Kong listed property developer teamed up with… Read More>>
HK’s Lee Kum Kee Shopping for London’s Gherkin and More Asia Real Estate Headlines
Leading today’s real estate headlines, a Hong Kong sauce maker may add a pickle-shaped London tower to its portfolio of flavors, as more of the city’s investors shop for Brexit bargains in the UK. Also in the news GLP reports… Read More>>
Hong Kong’s SEA Holdings Buys Prime London Building for $334M
SEA Holdings has become the latest in a string of Hong Kong investors to wager on London’s property market, agreeing to purchase a nine-storey office building in the British capital for £258 million ($334.4 million), the company confirmed this week…. Read More>>
HK Investors Buy London Office Block for £135M and More Asia Real Estate Headlines
Brittania continues to be hot with Hong Kong property investors this year, as buyers from the former colony have purchased a second office block on toney St James Square within the past month. Also in the headlines, Mapletree has been… Read More>>
SHK’s Kwok Family Taking 50% Stake in £500M London Condo Project
Hong Kong’s Kwok family, which controls listed development giant Sun Hung Kai Properties has become the latest Hong Kong investor to bet that Brexit risks are overblown as the billionaire clan’s private investment body has agreed to take a 50… Read More>>
Wanda Backs Away From London Project as Deal String Slows
Wang Jianlin’s Dalian Wanda has let a lock-out period expire on talks to acquire a second site in south-central London next to its One Nine Elms project, according to an account in the Estates Gazette.
The developer has been among… Read More>>
Chinese Estates Buys Listed London Building for ₤175M
Reports of Brexit doom and snap elections are attracting more Asian buyers to UK real estate, with Hong Kong billionaire Joseph Lau’s Chinese Estates becoming the latest to scoop up discounted assets in London.
Lau’s Hong Kong-listed development company has… Read More>>
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