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.
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