07.07.2010 - Chinese Estates to acquire Tower 42 in London for GBP300 mln
From China Knowledge: Chinese Estates Group, a leading property developer headquartered in Hong Kong, will spend £300 million to purchase Tower 42, the former NatWest skyscraper in London, from Hermes Real Estate and BlackRock's U.K. property fund. After a three-month auction, the Hong Kong-listed firm will acquire the 600-foot tower near Bank of England, which will be the firm's first large commercial property deal in London..............................................Full Article: Source
Print