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Ronson eyes payout as Chinese mull £750 million bid for Heron Tower

Topping-Out Ceremony For The City Of London's Tallest Building

Gerald Ronson’s Heron Tower in the City could fall into Chinese hands for a whopping £750 million, it emerged today.

The industry veteran’s 46-storey skyscraper is likely to be sold to Chinese insurer Anbang Insurance, Estates Gazette claims.

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The deal continues the march of Chinese insurers over the London property scene which began more than two years ago when the iconic “inside-out” Lloyd’s Building was snapped up by fellow insurer Ping An.

The Heron Tower has 440, 000 sq ft of offices and two of London’s most upmarket restaurants and bars — Sushi Samba and Duck & Waffle — and the largest private aquarium in the world…. READ MORE

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