Canary Wharf Group (CWG) has bought Citibank’s headquarters at its London Docklands’ development.
The deal values the Canada Square building at S288m. CWG paid Citibank S87.88m.
Citibank will take up a 27-year occupational lease.
The Times 22/12/99 page 22
Developer LondonMetric being advised on the letting by Knight Frank
Redevelopment of three buildings in Holborn will total more than half a million square feet
COMMENT Jonathan Vandermolen on mounting pressures for the market
The duo will look to let the restored building’s top fifth floor
