Facebook HQ sold to German fund for £435m

• A German fund has bought Facebook’s new London headquarters for £435m, in one of the biggest deals completed since June’s referendum.

Deka Immobilien bought the building, called Rathbone Square, from developer Great Portland Estates, allowing the UK-listed company to return a profit of £110m to its shareholders.

READ MORE VIA NZHERALD

The deal is one of the largest investment transactions in the property market since the UK voted to leave the European Union. Photo / File