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According to Estates Gazette, a weekly magazine on commercial property sector in the UK, Vanke has acquired a 20 percent stake in the 750-million-pound ($1.16 billion) The Stage development project in Shoreditch, an area that is extremely popular with several London-based Web technology companies.
The Stage project, in the north of London, comprises a 40-story tower with 385 apartments, and was home to the Curtain Theatre back in the 16th century, which was the first stage that performed William Shakespeare's Romeo and Juliet and Henry V.
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View of the headquarters of China Vanke Co Ltd in Shenzhen city, South China's Guangdong province. [Photo/IC] |
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