PropertyEU

HSBC sells New York headquarters for $330 mln

By A staff reporter 2009-10-06T00:00:00

British banking giant HSBC has agreed to sell its New York head office to Israeli investment holding company IDB Group for $330 mln (€224 mln) in cash. The London-based bank will lease back the entire New York building for one year, and floors one to 11 for a further 10 ...

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