Owners of the Citigroup Centre in Canary Wharf, Glenn Maud and Derek Quinlan, are planning to sell the building for more than £1 billion, Financial Times reports. Property agent Jones Lang LaSalle will market the 45-storey tower, which is let to Citigroup as its headquarters for Europe, the Middle East and Asia. The proceeds from the sale will be used to repay debt. The tower is estimated to have about £875 million of senior debt against it. Maud and Quinlan had acquired the tower from Royal Bank of Scotland for £1 billion in 2007.
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