Hong Kong developer Lai Sun Development is considering options for a planned office tower in the City of London, including a potential sale of a stake in the project.
The group has appointed Eastdil Secured and DBS Group Holdings to advise on finding a partner for the 100 Leadenhall Street project, according to people with knowledge of the appointments. The financial advisers are currently undertaking due diligence on the project and could seek a funding partner later in the year or in early 2025, the people said, asking not to be identified as the process is private.
The process is at an early stage and there is no certainty that Lai Sun will ultimately pursue a sale of part or all of the project.
