ALEX BRUMMER: City icons reel in the cash as the Square Mile brings in overseas investors



George Osborne’s punishing stamp duty may have put the kibosh on London’s residential property but there is no evidence to suggest that Brexit is doing the same for commercial real estate. Quite the opposite in fact.
Japan’s biggest bank MUFG, part of the Mitsubishi group, may be opting to move 100 or so jobs to Amsterdam, but a great deal of money is heading to the UK.
The ‘Walkie Talkie’, or 20 Fenchurch Street in the heart of the City’s insurance district, may have offended architectural tastes but that hasn’t stopped it being bought by Hong-Kong based LKK Health Products for £1.3bn,... read more

 
31 July 2017 in Business, Views: 81
Source: Daily Mail
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