Investors poured £20bn into central London offices this year, one third above the long-term average, as the capital’s commercial property market continued to defy fears of a capital exodus in the run-up to Brexit. More than 90pc of the cash came from foreign shores as investors pulled off a series of multi-hundred-million pound plus deals including the £1.2bn sale of Goldman Sachs’ new City headquarters to South Korea’s national pension fund. Other blockbuster deals included the £1bn sale of UBS’s offices at five Broadgate by CK, and fashion tycoon and Spanish businessman Amancio Ortega’s £550m purchase of the Adelphi building in the West End. Domestic investors have also been returning to the… To continue reading this article Start your free trial of Premium Access all Premium articles Subscriber-only events Cancel any time Free for 30 days then only £2 per week Try Premium Access one Premium article per week Register for free Register for free to continue reading this article Register Or unlock all Premium articles, free for 30 days Start trial Already have an account? Login Want to learn more? View all subscriptions
- Homeland Security deputy helped Democrats secure visas for foreign investors: report
- Investors' rising fears about consumer spending are turning stocks into a risky investment again
- Atlas Park shoulders on: After threat of exodus, new deals may retain most merchants
- Amazon's Microsoft Office deals can save you up to 45% off
- BoJo's back as The Leaver Leader as Tories fear extinction of their party
- Foreigners gobbling up city properties
- Foreign businesses stream into Iran as sanctions may end
- What You Need to Know About HTC's Exodus 1, the 'Blockchain Smartphone'
- Dutch Carrier KPN Ends Brief Experiment With Foreign Leadership
- Investors Ditch South African Bonds as Moody’s Junk Threat Looms
Foreign investors defy fears of exodus with offices deals have 303 words, post on www.telegraph.co.uk at January 2, 2019. This is cached page on Talk Vietnam. If you want remove this page, please contact us.