Important:

This article is for information purposes only.

Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.

There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.

Deutsche Bank seals deal with Land Securities for new London HQ

Deutsche Bank (DBKGn.DE) has exchanged a pre-let agreement for its new City of London headquarters, the building’s developer Land Securities (LAND.L) said on Tuesday.

The announcement confirmed details of the deal first reported in March, adding that under the 25-year lease agreement the German lender had committed to take a minimum of 469,000 square feet in the building at 21 Moorfields.

The building will provide Deutsche Bank, which employs around 9,000 people in Britain, with up to 50,000 square feet of workspace and the bank would retain flexibility over the amount of space it will occupy in the new building, it added.

Important:

This article is for information purposes only.

Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.

There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.