Qatar eyes Credit Suisse's Canary Wharf offices

31 January 2012: Qatar's sovereign wealth fund is mulling to buy Credit Suisse's Canary Wharf headquarters, as it expands further into London commercial property. Qatar Investment Authority (QIA) has made an offer for around £330m in a sale-and-leaseback deal with the Swiss bank. QIA is already Credit Suisse's second biggest shareholder with a stake of 6pc and owns 28% of Songbird, the majority owner of Canary Wharf Group.

Source: Ameinfo