Europe

How to bag a trophy tower

With limited supply and high demand, how does a global investor go about securing the ultimate status symbol?

British skyscraper is becoming a must-have for international tycoons, and London has quite a few to sustain their appetite. But with long-term income and a global brand giving towers widespread appeal, how do you get your hands on one?

1. Pay a lot of money

This is the simple answer. Already this year, two City trophies – the Cheesegrater and the Walkie Talkie, both EC3 – have been sold at prices well above their most recent valuations.

The first, at 122 Leadenhall Street, was bought by CC Land, a Hong Kong-listed company controlled by…

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