London’s Costly Office Refurbs Push Chinese Owners Towards Exit
London’s Costly Office Refurbs Push Chinese Owners Towards Exit
Gingko Tree Investment, which is backed by the government of China, is considering pulling out of a prime piece of commercial real estate in London to avoid having to spend money on a costly refurbishment, according to people familiar with the matter.
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(Bloomberg) — Gingko Tree Investment, which is backed by the government of China, is considering pulling out of a prime piece of commercial real estate in London to avoid having to spend money on a costly refurbishment, according to people familiar with the matter.
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