Moorgate moves: Why a Malaysian property fund is betting big on Deutsche’s London HQ

Moorgate moves: Why a Malaysian property fund is betting big on Deutsche’s London HQ

City A.M.

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A MALAYSIAN property fund has teamed up with London-based Castleforge to buy Deutsche Bank’s current London base in Moorgate for just over a quarter of a billion – in what amounts to a big bet on London’s commercial property market and the ‘flight to quality’ in office space. Castleforge and its Malaysian partner Gamuda plan to refurbish [...]

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