Mon, Dec 22, 2014
A A A
Welcome preal121
RSS

Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

Canary Wharf set to win Shell Centre redevelopment bid

Posted on 25 July 2011

The property developer Canary Wharf Group is set to be selected by Royal Dutch Shell to transform the area around the oil firm’s London headquarters, near Waterloo station. The developer, which is majority owned by Songbird Estates, has teamed up with Qatari Diar, the property investment arm of Qatar’s sovereign wealth fund, to offer up to £350m for the redevelopment deal, the Sunday Times reported this weekend.
The deal will see houses, offices and shops built on the five acres of land surrounding the well-known 1950s tower in central London. The first phase is expected to be completed by 2016……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 15428 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
M T W T F S S
« Nov    
1234567
891011121314
15161718192021
22232425262728
293031