Chinachem Group Confirms with Helical The Purchase of a London Office Building at £158.5 million

HONG KONG SAR - Media OutReach - 7 September 2022 - Chinachem Group (the "Group") today announces that the Group has confirmed with Helical Plc for the purchase of the 150-year long leasehold interest of Kaleidoscope, an office property situated in an emerging new tech cluster in London, at £158.5 million, reflecting a capital value of £1,789 psf.