Wing Tai Properties Limited, Champion Real Estate Investment Trust, Chee Chen Tung and Francis Yiu-tung Lui entered into an agreement to acquire 11 Storey Office Building at 66 Shoe Lane, London from Henderson Park Real Estate Fund I Finance Master Ltd and others for approximately £260 million.

Wing Tai Properties Limited (SEHK:369), Champion Real Estate Investment Trust (SEHK:2778), Chee Chen Tung and Francis Yiu-tung Lui entered into an agreement to acquire 11 Storey Office Building at 66 Shoe Lane, London from Henderson Park Real Estate Fund I Finance Master Ltd and others for approximately £260 million on February 26, 2021. Acquisition deposit for the acquisition is £20 million. Post-closing, Wing Tai Properties Limited will own 21% stake, Champion Real Estate Investment Trust will own 27% stake, Francis Yiu-tung Lui will own 21% stake and Chee Chen Tung will own 31% stake in the property.

The completion of the deal is expected to take place on or around 9 April 2021. CBRE acted as broker and Eastdil advised Henderson Park and Deloitte advised Wing Tai Properties Limited.