Business / Industries

Ping An buys another London landmark

By Zheng Yangpeng (chinadaily.com.cn) Updated: 2015-01-23 12:14

2. 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.

Ping An buys another London landmark

View of the Lloyd's of London building in the City of London, March 27, 2014. [Photo/IC]

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