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Report: WeWork-leased London asset could sell to South Korea's Hana Financial

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Report: WeWork-leased London asset could sell to South Korea's Hana Financial

Real estate manager Aermont Capital LLP is looking to sell an office property in London for about £185 million to South Korea's Hana Financial Group Inc., Bloomberg News reported, citing people with knowledge of the plan.

According to the sources, the parties have not finalized the terms of the deal and there is no certainty that it will be completed.

The property at One Poultry, which was previously leased to Aviva PLC, is being redeveloped as a WeWork Cos. co-working space, the report added.

Officials from Aermont and Hana Financial declined to comment, the news agency noted.