LONDON-China Investment Corp. has paid GBP 250 million for theUK headquarters of Deutsche Bank in the City of London. The312,000-square-foot office building, known as Winchester House, wasconstructed in 1999. The building is leased to the bank, which paysGBP 14.3 million as annual rent.
Kanam, a German real estate fund, sold Winchester House to theChinese sovereign wealth fund. It acquired the building in 2003.For the full story, go to PropertyMall .
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