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Sovereign Wealth Funds Briefing - Categorized | Performance

Profits up at Canary Wharf owner Songbird Estates

Posted on 29 March 2010

From Guardian: Songbird came close to collapsing under the weight of its debts last year but managed to eliminate them after raising £1bn in a refinancing that saw the Qatar and Chinese sovereign wealth funds become its largest shareholders.

Analysts welcomed the results, which also boosted shares in property developers including British Land, Hammerson and Liberty International………………………………..Full Article: Source


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