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Chinese firm in talks to buy 'Cheesegrater' for £1b

Thursday, March 2, 2017 - 05:50

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British Land had hoped to fetch about £500 million for its 50 per cent stake in The Leadenhall Building, although it could fetch a premium due to the building's status in London.

Hong Kong

BRITISH Land and Oxford Properties are in advanced talks to sell the "Cheesegrater"skyscraper in London, with some media reports naming China's CC Land as the potential buyer in a £1 billion (S$1.7 billion) deal.

A sale of the distinctive central London office building

sentifi.com

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