Property News · July 27, 2017

London's Walkie Talkie building sold for record-breaking £1.3bn


Sum paid for City skyscraper by Hong Kong food conglomerate Lee Kum Kee is highest ever for a single UK buildingIt damaged cars with scorching reflected sunlight, has been accused of creating a wind tunnel that can topple pedestrians and has split the capital into lovers and haters. Now, London’s landmark Walkie Talkie building has broken records with its £1.3bn sale to a Hong Kong firm best known for making oyster sauce.The controversial skyscraper, officially called 20 Fenchurch Street, is being bought by the property arm of Lee Kum Kee Health Products Group, a conglomerate that makes condiments and healthcare products and also develops property. The price tag is the highest ever paid for a single UK building. Continue reading…

Source : theguardian.com
Read more…London’s Walkie Talkie building sold for record-breaking £1.3bn

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