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.
This is an opportunity to acquire the shares, business and/or assets of an electrophoretic and powder coating specialist located within the North East of England. Indicative proposals, supported by proof of funding, are accepted by no later than 4pm...
This unique holiday accommodation business offers distinctive, design-led stays on over 15 acres of private land, complete with exceptional amenities and a residential property. With a strong occupancy rate of over 90% and excellent guest reviews, it...
FREEHOLD
This exceptional opportunity allows you to acquire a leading UK business in pneumatic tube systems for healthcare, boasting exclusive distribution rights and strong client retention through multi-year service agreements.
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.