Canary Wharf Group announced on 25 October 2023 that Qatar Investment Authority & Brookfield Real Estate have entered into a long-term commitment with Canary Wharf Group to invest £400 million towards the repositioning of Canary Wharf and the build-out of additional residential and life sciences projects on the estate.

The investment was done in the form of a £300 million equity subscription and a £100 million revolving credit facility.

Canary Wharf Group comprises a portfolio of 33 sustainable properties, which accommodates 3,500 residents and had over 54 million visitors in the year 2022.

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Source: Canary Wharf Group
Cover image credit: Shutterstock

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Fareeha Imtiaz

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