Chinese developer inks €306m London buy at 5.2% yield

By Virna Asara 2017-12-06T00:00:00

Chinese private real estate developer Cheung Kei Group, owned by Hong Kong billionaire Chen Hongtian, has acquired 5 Churchill Place in London's Canary Wharf from landlord Saïd Holdings for £270 mln (€306 mln). The deal was signalled by EuroProperty, the weekly news and analysis publication of PropertyEU Group, on 10 November.

You have now reached your article limit

Already have an IPE Real Assets account? Sign in

PropertyEU has merged with IPE Real Assets

If you had a PropertyEU account, simply reset your password to get access to IPE Real Assets.

New users can Register for free today for access to the PropertyEU Archive and IPE Real Assets.

Registration also includes access to IPE

Five reasons to register today

Access IPE Real Assets articles
Daily news alerts and updates
Track what the world’s leading institutional investors are doing
Learn about the latest industry research and market analysis
Comprehensive archive of data and intelligence on investors and fund managers, including the PropertyEU Archive

SEE HOW IPE REAL ASSETS CAN HELP YOUR business