Ping An buys another London landmark
By Zheng Yangpeng (chinadaily.com.cn) Updated: 2015-01-23 12:142. Lloyds of London building
Chinese insurer Ping An Insurance (Group) Co of China Ltd bought the Lloyds of London building for 260 million pounds ($387 million) from a German fund managed by Commerz Real in July 2013 after China eased restrictions on Chinese companies investing in overseas real estate.
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View of the Lloyd's of London building in the City of London, March 27, 2014. [Photo/IC] |
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