By News on the Net -- South China Morning Post —— Bio and Archives July 28, 2017
Lee Kum Kee Group, the Hong Kong company best known for its oyster sauce condiment, has bought a London office tower for a record £1.3 billion (US$1.7 billion), landing the biggest commercial property deal in the United Kingdom.
Lee’s property investment arm Infinitus will buy 20 Fenchurch Street, a London office tower affectionately known as the “Walkie Talkie” building because of its distinctive top-heavy shape, from Land Securities Group and the Canary Whart Group, according to a press statement by LKK Health Products’ chairman Sammy Lee.—More…
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