As long as China remains a revolving dictatorship, enriched citizens will continue to shove money out the door, just in case the proletariat revolts. A cynical take on why Guangdong soy sauce conglomerate, Lee Kum Kee, last month paid £37 mln (€44 mln) for a 75,000 sq ft (7,000 m2) office block in London Docklands – even though they intend to occupy only one of the 10 floors.
Real estate investor, developer, and asset manager Firethorn Trust has secured a £29.9 mln (€35.9 mln) loan from Leumi UK for its first PBSA scheme.
