| Qatar’s sovereign-wealth fund has completed the purchase of the London headquarters of HSBC Holdings PLC, in the U.K.’s largest-ever real-estate deal, giving Qatar a huge slice of Canary Wharf office space even if it fails in its bid to buy the company that owns much of the rest of the business district.
The Qatar Investment Authority, which manages around $300 billion, bought 8 Canada Square in the Canary Wharf business district—London’s largest office building at more than a million square feet—from the National Pension Service of Korea, or NPS, according to a statement from J.P. Morgan Asset Management, which advised NPS on the deal............................................Full Article: Source
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