Canary Wharf Group has teamed up with Qatar to bid for the £300 million site of Shell’s London headquarters, Financial Times reports. Other listed bidders for the site comprise of U.K. real estate investment trust, Land Securities with Berkeley Homes and Helical Bar in a joint venture with Aviva and Native Land.
The site has received some private sector bids from Chelsfield with London & Regional. On the transaction, Shell is being advised by CB Richard Ellis and Rothschild.
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