Vietnamese-based invest enters U.K. real estate market
Vietnamese-based investor Lion Plaza Propco has entered the U.K. real estate market, acquiring the 264,967-square-foot Lion Plaza office on Old Broad Steet, London, for more than £200 million (€233 million/$255 million), reported media outlets.
The seller was German fund manager Doric Asset Finance, which acquired the asset in 2005.
Located in a prime position, less than a three-minute walk from Bank Station. The area is served by numerous restaurants, bars, shops and leisure facilities, including the nearby luxury shopping at the Royal Exchange.