Ian Scott International


Hong Kong money used to buy £81m London office block from Aviva

Money from Hong Kong, where property investors are spooked by political protests, will be used on a £81 million purchase of an office block in the Square Mile, it emerged on Wednesday.

Property investor Goldstone Commercial, backed by Hong Kong capital, has agreed to buy the Forum building, which overlooks St Paul’s Cathedral, from Aviva Investors. It is situated between Gresham Street and Cheapside.

The 65,000 square feet building was revamped in 2017 and is now fully-let to tenants including law firm Carey Olsen. The new owner will get steady rental income.

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