Home
News
In Focus
Business
Metro
Nation
World
Sports
Feature
Opinion
View more »Opinion Columns
Wan LixinOpinion deputy editor of Shanghai Daily
Restaurants get off to a quick start thanks to game-changing policies
High service charges on event ticket refunds call for further regulation
Sunday
- Subscribe
Home » Business » Real Estate
London’s ‘Cheesegrater’ building sold
Print Edition
CHINESE property magnate Cheung Chung Kiu has agreed to buy London’s “Cheesegrater” skyscraper for 1.15 billion pounds (US$1.4 billion), current owner British Land said yesterday, as foreign buyers profit from the pound’s slump.
Cheung’s CC Land will buy The Leadenhall Building, shaped like a cheesegrater, after reaching an agreement with British Land and Oxford Properties, joint owners of the prestigious site.
The 46-floor building, the tallest in the City of London business district, was completed in 2014 and charges record-breaking rents of more than 100 pounds per square foot for prime floors.
Tenants include insurers Aon and MS Amlin and the building’s architects, Rogers Stirk Harbour and Partners.
The building’s unusual nickname derives from its distinctive wedge shape — a result of London’s strict rules on protected sightlines.
“This sale shows continued investor appetite for best in class, well-located property in London,” said Tim Roberts, the head of offices and residential at British Land.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
