Deals
London Just Broke a Property Price-Tag Record
- Land Securities, Canary Wharf sell building to Hong Kong’s LKK
- Asian buyers have poured into London market since Brexit vote
20 Fenchurch Street, also known as the 'Walkie Talkie'.
Photographer: Matthew Lloyd/BloombergThis article is for subscribers only.
Another part of London’s skyline has been snapped up by an Asian buyer.
Land Securities Group Plc and Canary Wharf Group Plc agreed to sell the skyscraper known as the Walkie Talkie to Hong Kong-based LKK Health Products Group Ltd. for 1.28 billion pounds ($1.7 billion), according to a statement Thursday.