Lee Mawdsley

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7 Installations to Watch Out For at the 2018 London Design Festival

The 2018 London Design Festival is now underway, having returned for its 16th year. Running from 15th to 23rd September, and spread across the city, the Festival features works such as Snøhetta’s rotating book pavilion and a series of installations at the V&A celebrating the venue’s 10th year as the Festival’s official hub.

Below, we have compiled a list of collaborations to look out for throughout the week, including investigations into issues such as climate change and plastic pollution, and artistic themes such as Cubism and classical music.

The Leadenhall Building In London Acquired By Chinese Investors in Record-Breaking Sale

The Leadenhall Building, designed by Rogers Stirk Harbour + Partners, has been sold to a Chinese property magnate for a price of £1.15 billion, in what has become the second-biggest sale of a UK building in history, as well as one of China’s largest acquisitions of UK real estate. The transaction involved developer British Land and its partner Oxford Properties, who sold the tower to CC Land, a Hong Kong based company.

Tim Roberts, head of offices and residential at British Land, said: “British Land and Oxford Properties took a bold step at the early stages of the UK’s economic recovery to develop the Leadenhall Building to generate a high-quality, long-term income stream,” said Tim Roberts, head of offices and residential at British Land. “This sale shows continued investor appetite for best-in-class, well-located property in London.”

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The Leadenhall Building / Rogers Stirk Harbour + Partners

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