Victor Li Tzar-kuoi has bought a grade-A office tower in London for £1 billion (US$1.3 billion) as he embarks on an acquisition spree for overseas assets after taking control of Hong Kong conglomerate CK Group from his billionaire father Li Ka-shing.
CK Asset Holdings acquired 5 Broadgate, a three-year-old building close to Liverpool Street train station with a total gross floor area of 1.2 million sq ft, according to a statement on Thursday. The price works out to about £833 per sq…
Source : South China Morning Post
Read more…Hong Kong tycoon Victor Li uses cash from sale of The Center to buy London office tower for £1 billion















