Sumary of Li Ka-Shing’s Flagship CK Asset Mulls Sale Of UBS London Headquarters For $1.4 Billion: Report:
- Simon Dawson/Bloomberg Li Ka-shing real estate flagship company is said to be mulling a sale of UBS AG London headquarters, according to a Bloomberg report on Thursday..
- The company acquired the property for £1 billion ($1.4 billion) in 2018, just one month after Li eldest son Victor replaced his father as chairman and managing director..
- UBS is committed to 5 Broadgate until 2035, real estate investment trust British Land said in a 2018 statement..
- Total demand in the City of London increased 6% in April, reaching 10.1 million square feet, according to U.K.-based real estate services provider Savills….