China’s HNA Group has agreed its first European real estate purchase, buying a London office asset.
The Hainan Airlines conglomerate said it was buying the European headquarters of Thomson Reuters, in Canary Wharf.
The asset is worth approximately £200m (€273.4m), according to media reports.
German fund manager KanAm Grund is selling the 305,600 sq ft building, at 30 South Colonnade.
HNA said the acquisition, through its Investment Holding arm, was an “important step for building a European portfolio” and would promote the company’s “international image”.
Last year, China Life took a 70% stake in 10 Upper Bank Street, also in Canary Wharf.