Wells Fargo has struck a ￡300m deal to buy a new European headquarters in the heart of London’s financial district in a much-needed boost for the city after the UK’s vote for Brexit.
The world’s biggest bank by capitalisation has agreed to buy an 11-storey building known as 33 Central in one of the largest London property deals to be sealed since the June 23 referendum.
The completion belies concerns that the UK capital’s office property market will suffer from the country’s vote to leave the EU as financial services groups consider relocating staff.
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