10 Jan

Chinese tycoon agrees to buy London mansion for record £200m

Cheung Chung-kiu in process of buying 45-room property overlooking Hyde ParkA Chinese property tycoon has agreed to buy a 45-room mansion overlooking Hyde Park in London for more than £200m, making it by far the most expensive house to be sold in the UK.Cheung Chung-kiu, who already owns the £1.15bn so-called “Cheesegrater” skyscraper in the City, is “in the process” of buying 2-8a Rutland Gate for between £205m and £210m. Continue reading…

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