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Foreign investors defy fears of exodus with offices deals

Jan 02, 2019 - The Daily Telegraph (London)

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 £...