C C Land eyes more London trophies

Hong Kong-listed C C Land, the group behind the £1.15bn acquisition of the Cheesegrater, EC3, is planning to open a London office with a new head of investment as it hunts for more trophy assets.

C C Land deputy chairman and executive director Dickie Wong (pictured) is in London this week to celebrate the completion of the deal and look at office space for a core team of five or six people.

The new head of office is likely to be one of the City’s most coveted jobs.

EXCLUSIVE INTERVIEW: C C Land deputy chairman Dickie Wong talks to EG about the group’s future plans for London. Click here to read the article and listen to the podcast

Wong said the new recruit would need to be someone who had “local knowledge”, was “well connected” and “well-respected in the industry”.

He added: “Basically he looks after everything, represents our group to overseas investment here and talks to the media. He also talks to the agents to see what projects are available and inspects the site – that sort of thing.”

The group remains committed to investing in London, despite the recent political uncertainty.

In his first interview since the completion of Cheesegrater acquisition, Wong said: “We still believe London will be the number-one financial centre in the whole of Europe in many years to come. We are not too concerned about short-term volatility.

“We see London as a good opportunity for us, so if there are any good projects coming up on the market, we will consider them seriously.”

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