Brexit may yet prove to have dire consequences for the UK, but it hasn’t stopped the kingdom’s royals from making a profitable property play this month, as the Duke of Westminster’s real estate firm sells off a West End commercial… Read More>>
Angela Leong Said To Buy London Office Building for $338M
Casino billionaire Angela Leong has reportedly become the latest Hong Kong investor to bet on London’s property market, scooping up a historic building in the city’s Midtown district for around £250 million ($338 million).
Leong, the fourth wife of Macau… Read More>>
Frasers Centrepoint Buys UK Business Parks From Oaktree for $906M
Singapore-listed Frasers Centrepoint is taking a bet on British business parks by acquiring a portfolio of five UK properties around London and Glasgow, Scotland for £686 million ($906.2 million).
The international property firm is purchasing the 4.9 million square foot… Read More>>
Wanda Flips Newly Purchased $605M London Site to R&F, CC Land
Dalian Wanda Group today said that it no longer has possession of a £470 million London housing project, with sources familiar with the newly transferred property indicating that the Chinese developer has transferred the Nine Elms Square site to a… Read More>>
Wanda Moves Forward With $605M London Deal Despite Govt Curbs
China’s clampdown on outbound investment hasn’t stopped Wanda Group from moving ahead with at least one overseas real estate project, as the Beijing-based conglomerate has completed its £470 million ($605.3 million) acquisition of Nine Elms Square in London.
Wanda has… Read More>>
ABP Opens Hong Kong Office to Market $2.2B London Project
Beijing-based developer Advanced Business Park (ABP) has officially opened an office in Hong Kong, as the business park specialist markets its plan to develop a new business district in London to companies throughout the region.
Launched at a reception in… Read More>>
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>>
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>>
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