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London set for £46bn capital injection as global investors seek post-pandemic safe havens

London will soon be faced with a 'substantial shortage' in office space, with only 3.2 million square feet to be available by 2024

London City Hall: Investors are viewing Londons office market as a safe haven asset once coronavirus restrictions have eased and the post-Brexit transition is fully concluded
London City Hall: Investors are viewing Londons office market as a safe haven asset once coronavirus restrictions have eased and the post-Brexit transition is fully concluded Photo: Getty Images

London’s office investment market is the focus of £46bn in capital investments this year after the pandemic laid waste to demand for City workplaces.

Investors are viewing London’s office market as a safe haven asset once coronavirus restrictions have eased and the post-Brexit transition is fully concluded, according to data compiled by property adviser Knight Frank.

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Bank of New York Mellon Approached Northern Trust to Discuss Potential MergerExternal link

Bank of New York Mellon Approached Northern Trust to Discuss Potential Merger