Real Estate

UBS London headquarters sold for £1bn

Hong Kong buyer picks up 5 Broadgate from British Land and Singaporean fund

UBS London headquarters sold for £1bn
Photo: Getty Images

The London headquarters of UBS’s investment bank has changed hands in a £1bn deal just three years after it was built.

A subsidiary of Hong Kong-focused property developer CK Asset Holdings has bought 5 Broadgate, according to a statement from UK property group British Land and Singaporean sovereign fund GIC, which sold the building.

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