CK Asset Weighs $1.4 Billion UBS London Headquarters Sale (1)

CK Asset Holdings Ltd. is weighing a sale of UBS Group AG’s London headquarters, according to people with knowledge of the deliberations.

The Hong Kong-based company run by Victor Li, who succeeded his billionaire father Li Ka-shing in 2018, has held initial discussions with a handful of potential buyers, the people said, asking not to be identified as the talks are private. CK Asset bought 5 Broadgate in 2018 for 1 billion pounds ($1.4 billion) and would only agree a sale if bids exceed that level, they said. No agreements have been reached and there’s no certainty a ...