Hong Kong-listed developers replace Wanda in $606m London land deal

Hong Kong-listed developers replace Wanda in $606m London land deal

Flowers stand in bloom below blocks of flats that make up the Riverlight residential development in the Nine Elms area of London, U.K., on Monday, April 3, 2017. Photographer: Jason Alden/Bloomberg

Two Hong Kong-listed developers, including the owner of London’s Cheesegrater tower, agreed to buy a 470 million-pound ($606 million) land plot in London that Dalian Wanda Group Co. relinquished after coming under Chinese government scrutiny.

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