Ashurst has advised Chinese real estate developer Greenland Holding Group Co. on a $1 billion development in London.
State-owned Greenland has bought a 7.75-acre site in Wandsworth in southwest London from British developer Minerva Ltd. Greenland didn’t disclose the purchase price but said it will spend a total of $1 billion to buy and develop the space. The site, formerly a brewery, will include a 36-story building with 166 apartments and 9,500 square meters of shops and restaurants.
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