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HK's LKK buys Walkie Talkie tower in London for record £1.28b

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The price paid for Walkie Talkie is remarkable given that the building will face ongoing maintenance costs, wrote JPMorgan Chase & Co analysts.

London

ANOTHER part of London's skyline has been snapped up by an Asian buyer.

Land Securities Group plc and Canary Wharf Group plc agreed to sell the skyscraper, known as the Walkie Talkie, to Hong Kong-based LKK Health Products Group Ltd for £1.28 billion (S$2.3 billion),

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