CC Land Holdings £292 million acquisition of One Kingdom Street

13/2/2017
Private acquisition

£ 292 million

$ 358.169 million

Completed

13/2/2017


Overview:

  • CC Land Holdings has acquired the One Kingdom Street building in London for £292 million from TH Real Estate on behalf of the Cityhold Office Partnership (CHOP).
  • The building has 264,898 square feet of office space set over nine floors and is located in Paddington in West London.
  • Tenants include Vodafone, Shire, Mysis and Statoil.
  • CHOP is a joint venture between US financial services institution TIAA and two of Sweden’s national pension funds, AP1 and AP2.
  • CC Land is a Hong Kong listed investment company controlled by Chinese real estate investor Cheung Chung-kiu.

Sam Duke - Editor

Jurisdiction:

United Kingdom

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

England and Wales

Industry sector:

Real estate


Firms:

Party: C C Land Holdings Ltd (Acquirer)

Lawyer: Iain Hindhaugh


Party: TH Real Estate (Seller)