Investors on shopping spree for landmarks
By Cecily Liu in London | China Daily | Updated: 2017-08-01 06:45
First, it was The Cheesegrater; then, The Walkie-Talkie. Now, industry analysts are asking what will be next as Chinese commercial property investors snap up London landmarks. The Gherkin? The Shard?
The buildings are all high-rise towers in and around the City, London's main financial district.
China's LKK Health Products Group paid 1.28 billion pounds ($1.68 billion) last week, the biggest-ever price tag for a UK building, when it bought 20 Fenchurch Street, which is colloquially known as The Walkie-Talkie.
Photo