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China buys Royal Mint Court for UK embassy

The People’s Republic of China has completed its purchase of the iconic Royal Mint Court site in London and plans to convert it into its new UK embassy.
By James Buckley
May 18, 2018 | 6:08 P.M.

A joint venture between client funds of real estate investment advisory company Delancey and the LRC Group completed the sale to the People’s Republic of China for a price believed to be north of £200m, following an unsolicited offer to buy it.

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