Malaysia's state-backed fund, Permodalan Nasional Berhad (PNB), has acquired two landmark London offices for around £500 million (S$1 billion) in the latest example of continued overseas interest in the UK capital. PNB bought One Exchange Square in the City, the famously lavish home of the European Bank for Reconstruction and Development; and 90 High Holborn, the headquarters of law firm Olswang. The...
