Property News · January 23, 2020

Mainland billionaire can’t get enough UK real estate as record-breaking London mansion adds to collection


Even for London’s ultra-luxury real estate market, the price is sensational: more than US$262 million (HK$2.04 billion) for a 45-room mansion in Knightsbridge.For the buyer, Cheung Chung Kiu, it is not even his most expensive purchase. The chairman of C C Land Holdings bought a plot on The Peak in Hong Kong for HK$5.1 billion in 2015, a record at the time.C C Land has already made significant purchases of trophy assets in London after decades in China, part of a rarefied group of Asia real…

Source : South China Morning Post
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