Billionaire Leong Is Said to Buy $338 Million London Office
- Building near Covent Garden has been modernized by vendors
- Chinese and Hong Kong buyers have been snapping up property
Angela Leong
Photographer: Jerome Favre/BloombergThis article is for subscribers only.
Hong Kong billionaire Angela Leong has bought a historic building in London’s Aldwych district for about 250 million pounds ($338 million), people with knowledge of the deal said.
Leong, who is married to casino magnate Stanley Ho, has completed the purchase of Aldwych House from Rowan Asset Management and GI Partners LLC, the people said, asking not to be identified because the deal is confidential. The 174,000 square-foot (16,200 square-meter) building near Covent Garden has been leased to tenants including WeWork Cos. and the ROKA restaurant after a recent modernization.