Stagecoach pulls into Central

In positive news for the City office market, Wells Fargo, the world’s biggest bank made a long term commitment to London, buying 227,000 sq ft from developer HB Reavis at 33 Central. Whilst the transaction goes down as a landmark post-referendum investment deal, it is the occupational story that is most reassuring.  In the wake of conjecture from other banks about their future in the UK, Wells Fargo joins SocGen in delivering a firm commitment to maintaining jobs in London.