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Chinese insurer Ping An Insurance (Group) Co of China Ltd bought the Lloyds of London building for 260 million pounds ($387 million) from a German fund managed by Commerz Real in July 2013 after China eased restrictions on Chinese companies investing in overseas real estate.
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| View of the Lloyd's of London building in the City of London, March 27, 2014. [Photo/IC] |
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