Tue, 28 Feb 2017 | COMMERCIAL PROPERTY
London’s 225m-high Leadenhall Building - better known as the ‘Cheesegrater’ - is on the market and could be sold to Chinese investment group CC Land for more than £1 billion, according to reports.
Today British Land, which owns 50 per cent of the 48-storey building alongside joint venture partner Oxford Properties, confirmed that “advanced discussions” are taking place regarding the “possible sale of interests in the Leadenhall Building”.
“It is not certain that these discussions will lead to a sale of the building. Further announcements will be made as appropriate,” the company added.
The Financial Times reported that CoStar, a property news service, said discussions were being held with CC Land, which is run by property magnate Cheung Chung-kiu, with the price at £1.02 billion.
If it goes through the deal will be one of the largest Chinese UK real estate acquisitions.
Tenants at the Leadenhall Building, opened in October 2015, include insurers Aon and Amlin.
Find commercial property for sale.
Market-leading classic car restoration business, globally recognised for its premium vehicle restoration and reimagining of iconic Mercedes-Benz classics, including pioneering electric vehicle (EV) conversions.
An opportunity has arisen to acquire a reputable IT support and development services provider with a UK-wide client base and a proven record for innovation and resilience in the constantly evolving IT sector. Throughout its 25+ year trading history,...
The business is a specialist Land Rover spares, repairs, and servicing garage located in Shrewsbury.
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.