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Real Estate Investors Seek Shelter for Brexit’s Finance Refugees

  • Schroder bids for Frankfurt building, anticipates Brexit boost
  • CBRE, Standard Life seek office space from Dublin to Amsterdam
Skyscrapers stand illuminated on the city skyline at dusk in Frankfurt, Germany, on Wednesday, Jan. 27, 2016. German domestic demand, buoyed by a stable labor market and low oil prices, will propel the country's economic growth this year and compensate for slowing exports as emerging economies stumbles.
Photographer: Krisztian Bocsi/Bloomberg

A property company managed by Schroders Plc is bidding for an office building in Frankfurt, anticipating the banking fallout from Brexit will boost values in the German financial center.

The London-based property investor isn’t alone preparing for an exodus from the British capital, with both CBRE Global Investors LLC and Standard Life Plc seeking to purchase office space in cities from Dublin to Amsterdam.