Chinese Institutional Investment in London Commercial Property: Ping An Purchase Iconic Lloyd’s Building

China’s second largest insurance company Ping An is now the first Chinese insurer to invest in London. Previously owned by German asset management fund Commerz Real, the iconic Lloyd’s building designed by Richard Rodgers has now been agreed to go for Sale at £260m reflecting a 6.1% NIY. This news follows a recent increase in […]

One Nine Elms bought by Chinese Conglomerate Dailin Wanda

The Wanda group has recently acquired the One Nine Elms mixed-used development consisting of 1.13 million square feet of prime residential, commercial and retail space from Irish developer Green Property this month. Dailin Wanda is one of China’s largest commercial property and entertainment conglomerates, headed by its chairman, rumoured to be China’s third richest man […]