Kingboard Investments £400 million acquisition of 15 Canada Square

Overview:

• Kingboard Investments has acquired 15 Canada Square for £400 million.
• The acquired property is KPMG's headquarters in London.
• The firm aims to gain virtual freehold of the building.
• The deal is latest in a string of real estate acquisition made by Hong Kong investors such as LKK Health Products Group £1.28 billion acquisition of 20 Fenchurch Street (Walkie Talkie) and GI Partners £250 million sale of Aldwych House.

Katrin Kostadinova - Data analyst