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UK Landlords Target Defence Firms

Property investors in Britain are targeting defence clients to occupy former bank offices and new facilities as rearmament spending grows. Rising demand from tech and defence firms provides a boost to the commercial real estate sector.

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A view of HSBC building in Canary Wharf financial district in London, Britain, August 1, 2023. REUTERS/Susannah Ireland

Property investors in the United Kingdom are targeting defence clients to occupy former bank offices in London, seeking to capitalise on rising rearmament budgets. The shift provides a new tenant base for commercial real estate owners as remote work limits traditional corporate demand.
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