Lai Sun Weighs Stake Sale in London Office Skyscraper Project

Hong Kong developer Lai Sun Development Co. 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 Ltd. 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 ...