Korean fund agrees £1.2bn Goldman HQ sale and leaseback

By Richard Hook2018-08-23T07:45:00

Korea’s National Pension Service has agreed a £1.16bn sale and leaseback deal with Goldman Sachs to acquire the bank’s new London headquarters.

NPS is South Korea’s biggest investor and the deal marks the biggest in the City so far this year, topping CK Assets Holdings’ £1bn acquisition of UBS’s HQ at 5 Broadgate and just shy of the £1.28bn paid by LKK for 20 Fenchurch Street last year.

This content is only available to registered users

You must be logged in to continue

Would you like to read more?

Register for free to finish this article

Due to the unprecedented challenge facing our industry at this time propertyweek.com will be entirely free to view to all users until 19 April. Register now to benefit from the following:

UNLIMITED access until 19 April
From 20 April, can still access up to four FREE articles per month
Breaking news, comment and analysis from industry experts as it happens
Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.

Registered users and subscribers SIGN IN here to continue