London's Walkie Talkie building sold for record-breaking £1.3bn

By Sarah Butler

Sum paid for City skyscraper by Hong Kong food conglomerate Lee Kum Kee is highest ever for a single UK building

It damaged cars with scorching reflected sunlight, has been accused of creating a wind tunnel that can topple pedestrians and has split the capital into lovers and haters. Now, London’s landmark Walkie Talkie building has broken records with its £1.3bn sale to a Hong Kong firm best known for making oyster sauce.

The controversial skyscraper, officially called 20 Fenchurch Street, is being bought by the property arm of Lee Kum Kee Health Products Group, a conglomerate that makes condiments and healthcare products and also develops property. The price tag is the highest ever paid for a single UK building.

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Source: London’s Walkie Talkie building sold for record-breaking £1.3bn

    

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