CC and HSF help seal £1bn sale of UBS London headquarters to Hong Kong property developer

British Land and GIC sell property as Asian money continues to flood City real estate market

Clifford Chance (CC) and Herbert Smith Freehills (HSF) have taken lead roles on the £1bn sale of UBS’s London HQ to a Hong Kong-based property developer, as Asian investors continue to target City real estate assets.

British Land and Singaporean sovereign wealth fund GIC have agreed to sell the property to a subsidiary of CK Asset Holdings, which was advised on the deal by CC.

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