A Hong Kong property tycoon is in contract to buy a $262 million mansion in London. The deal stands to shatter the UK’s real-estate record.

A Hong Kong property tycoon is in contract to buy a $262 million mansion in London. The deal stands to shatter the UK’s real-estate record.

Hong Kong real-estate investor Cheung Chung Kiu is in contract to buy a sprawling London mansion for about $262 million, Beauchamp Estates, the firm brokering the sale, confirmed to Business Insider.
The sale, which is expected to close in the next few weeks…
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