Hong Kong billionaire, Cheung Yu-tung, and two other Hong Kong investors, Cheng’s Chow Tai Fook Enterprises Ltd developer Sammy Lee, and businessman Peter Fung, have spent £30 million gaining 61% of Pinnacle Regeneration Group Limited. Pinnacle Regeneration Group Limited manages 22,000 homes in the UK, and the British government is planning cuts in social housing
Hong Kong Billionaire Invests in UK Social Housing
July 20, 2011 by Allison Halliday
Filed Under: Real Estate, US Real Estate Tagged With: Cheung Yu-tung, London, London Borough of Lambeth, Peter Fung, Pinnacle Regeneration Group, Sammy Lee, Savills, social housing