17/11/2016 by Buildington
Cathay Life, the owner of Walbrook Building, is looking to increase their overseas portfolio by up to US$4.72 billion, reports Asia Asset Management.
The company has become increasingly active in direct property investments overseas in view of the current low-rate environment. It purchased the Walbrook Building from UK property firm Minerva Ltd for £575 million in May 2015.
Source: Asia Asset Management www.asiaasset.com