Malaysian sovereign wealth fund Khazanah has agreed a 10-year lease for 11,500 sq ft of space for its first office in Western Europe. Khazanah is the strategic investment fund of the Government of Malaysia entrusted to hold and manage the commercial assets of the Government and to undertake strategic investments. Khazanah is involved in various sectors such as power, telecommunications, financial institutions, healthcare, aviation, infrastructure, leisure & tourism, property, creative & media, education, and innovation & technology. The company’s HQ is in Kuala Lumpur’s world famous Petronas Towers and has offices in Istanbul, Beijing, Mumbai and San Francisco.
“The Shard is an internationally recognised building, of great architectural merit. It benefits from excellent transport connectivity, and as a global organisation, it is essential that our employees are able to travel easily from our London office to our global hubs in order to oversee our investments.”