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    Economy

    CC Land buys London property

    1
    2017-05-03 09:02Global Times Editor: Li Yan ECNS App Download

    CC Land, a real estate company owned by Chinese tycoon Zhang Songqiao, has purchased a London property in a deal worth of 1.14 billion pounds ($1.46 billion), according to a filing the company sent to the Hong Kong Stock Exchange on Tuesday.

    The property - Leadenhall Building - which is one of London's tallest skyscrapers, was a joint venture owned by British Land and Oxford Properties.

    Zhang bought One Kingdom Street, an office building in Paddington, London, for 292 million pounds in January.

      

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