Hong Kong's C C Land in talks to buy Leadenhall Building in London

C C Land Holdings

01/03/2017 24:58

HONG KONG, March 1 (Reuters) - Property developer C C Land 
Holdings Ltd  1224.HK  said on Wednesday it was in "advanced 
discussions" regarding a potential acquisition of Leadenhall 
Building in London. 
    No formal agreement has been reached, the Hong Kong-based 
company said in a filing to the Hong Kong bourse. It gave no 
further details. 
    The Financial Times has reported that C C Land is in talks 
to buy the building for one billion pounds ($1.24 billion). 
 urn:newsml:reuters.com:*:nFWN1GD0KO      
    The Leadenhall Building is also known as "The Cheesegrater" 
on account of its sloping shape. 
    The building comprises 610,000 square feet of office and 
retail space over 45 floors. 
 
($1 = 0.8083 pounds) 
 
 (Reporting by Donny Kwok; Editing by Stephen Coates) 
 ((donny.kwok@thomsonreuters.com; +852 2843 6470; Reuters 
Messaging: donny.kwok.reuters.com@reuters.net)) 
 
Keywords: C C LAND LEADENHALL/