Barclays buys £750 million leasehold stake in One Churchill Place headquarters from CWG

  • Barclays acquired a 999-year leasehold interest in its global headquarters at One Churchill Place from CWG for GBP 750 million.
  • Deal extends control beyond the current lease term running to 2039, increasing certainty on long-term occupancy costs.
  • Transaction expected to be broadly neutral to the group’s CET1 ratio and earnings.
  • Property provides more than 1 million square feet of workspace, serving as Barclays’ global headquarters since 2005.


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