Property News · July 31, 2017

Hong Kong tycoons seeking UK investments must go with eyes wide open


Major investments outside of Hong Kong by the city’s wealthiest families have raised questions about an exodus of wealth before 2047 and whether their actions represent moves by “smart money.”
Lee Kum Kee Group, the Hong Kong company best known for its oyster sauce condiment, recently purchased a London office tower known as “Walkie Talkie” for a record £1.3 billion (US$1.7 billion), landing one of the largest commercial property deals in the UK.
Lee Kum Kee…

Source : South China Morning Post
Read more…Hong Kong tycoons seeking UK investments must go with eyes wide open