A joint bid for Canary Wharf owner Songbird Estates may be abandoned as the company reported a 19% increase in the value of its assets.
Songbird’s net asset value was put at 381p per share, up from 319p, by an independent assessor.
The Qatar Investment Authority and Brookfield Property Partners have already had one bid rejected.
FT Companies & Markets 20
Times 63
Daily Telegraph 37
