Well- informed sources stated that Qatari investors eyes to get their hands on HSBC’s headquarters in London’s Canary Wharf.
Per primary indicators, with a price tag of GBP1.1 billion the sale would be one of the biggest property deals ever seen in the UK.
Qatari investors already own Harrods, the Shard and part of Barclays, Sainsbury’s and the London Stock Exchange.
Sources pointed out that coincide with Emir Sheikh Tamim bin Hamad al-Thani, Qatari ruler, visit to Britain.
The HSBC tower was put on the market in April by its owner, South Korea’s national pension fund, which wants to cash in from London’s booming property market.
According to sources, Qatar Investment Authority -QIA was edged ahead of the Chinese to become preferred bidder for the 656ft tower.
However, a sale to the Qatari’s would be controversial as Prime Minister David Cameron comes under pressure to raise the issue of terrorist funding with the ruler.
Per primary indicators, with a price tag of GBP1.1 billion the sale would be one of the biggest property deals ever seen in the UK.
Qatari investors already own Harrods, the Shard and part of Barclays, Sainsbury’s and the London Stock Exchange.
Sources pointed out that coincide with Emir Sheikh Tamim bin Hamad al-Thani, Qatari ruler, visit to Britain.
The HSBC tower was put on the market in April by its owner, South Korea’s national pension fund, which wants to cash in from London’s booming property market.
According to sources, Qatar Investment Authority -QIA was edged ahead of the Chinese to become preferred bidder for the 656ft tower.
However, a sale to the Qatari’s would be controversial as Prime Minister David Cameron comes under pressure to raise the issue of terrorist funding with the ruler.
Source:
Mubasher
