Canary Wharf Group Sells SocGen Office for £625 Million
UKPulse Property Desk
Canary Wharf Group has sold the 1-5 Bank Street office, currently occupied by SocGen, in a £625 million deal.
- Canary Wharf Group sold the 1-5 Bank Street office.
- The sale price for the SocGen office was £625 million.
- The purchasers were Brookfield and the Qatar Investment Authority, who are also investors in Canary Wharf Group.
Canary Wharf Group has completed the sale of the 1-5 Bank Street office building, which houses SocGen, for £625 million. The transaction sees the London district's operating company sell the property to Brookfield and the Qatar Investment Authority.
Brookfield and the Qatar Investment Authority are identified as investors in Canary Wharf Group.