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HK developers take over London site from Wanda

Guangzhou R&F Properties Co and C C Land Holdings Ltd will buy the four ha Nine Elms Square land relinquished by Dalian Wanda Group Co after coming under Beijing's scrutiny

Published Wed, Aug 23, 2017 · 09:50 PM
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TWO Hong Kong-listed developers, including the owner of London's Cheesegrater tower, agreed to buy a £470 million (S$819.9 million) land plot in London that Dalian Wanda Group Co relinquished after coming under Chinese government scrutiny.

Guangzhou R&F Properties Co and C C Land Holdings Ltd will buy the four ha Nine Elms Square land, Michael Lee, R&F's corporate finance director, said in an interview in Hong Kong on Tuesday.

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