Bank of China has acquired the One Lothbury development, adjacent to the Bank of England building in the centre of London's financial district, as its new HQ for £100 mln (EUR 110 mln). The new development consists of 10,600 m[sup]2[/sup] of space in the Square Mile. The bank will house its retail banking branch on the ground floor and its staff over the remaining nine floors, international law firm Faegre & Benson said.
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