Property News · January 11, 2020

CC Land’s chairman Cheung splashes £210 million on 45-room Knightsbridge mansion, breaking London’s price record


A Chinese property magnate is close to breaking London’s house-price record with the purchase of a 45-room mansion in Knightsbridge for more than £200 million pounds (US$262 million).The private family office of Cheung Chung Kiu has agreed to buy the palatial home at 2-8a Rutland Gate, overlooking Hyde Park, a spokesman said in an emailed statement.The deal would be a bright spot for the UK capital’s moribund luxury property market, and a sign that the world’s wealthiest are being lured by the…

Source : South China Morning Post
Read more…CC Land’s chairman Cheung splashes £210 million on 45-room Knightsbridge mansion, breaking London’s price record