21 Moorfields

Deutsche Bank will vacate 5 buildings totalling 650,000 sq ft and relocate into one building taking a minimum of 469,000 sq ft at 21 Moorfields.

Deutsche Bank will start fitting out in 2021 ready for occupation in 2023.

Development costs are approximately £500-600m with development yield around 6%.

Source: Land Securities Group PLC Half-yearly results for the six months ended 30 September 2017. Published 14.11.2017.