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Padded sell

24 August 2018 By Aimee Donnellan

Like HSBC a decade ago, the U.S. bank has sold its UK headquarters for just over 1 bln pounds. As in 2007, Goldman is doing so as rental yields hover at the toppy level of 4 pct. And while a two-decade lease appears to be a vote of confidence, it can sublet if Brexit bites.

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