Qatar’s Holding, Simon Glick stakes up in Canary Wharf

07 Apr 2011

(MENAFN) The majority owner of Canary Wharf Group, Songbird Estates, said that both Qatar Holding and Simon Glick bought more stocks in Canary Wharf, however, he did not disclose the sellers, reported Arabian Business.

Songbird said that Qatar Holding increased its stake by 3.7 percent to 27.7 percent, through buying 28.5 million ordinary shares.

On the other hand, GF Investments II, an investment vehicle for Simon Glick and his family, increased their stake 1.1 percent to 25.1 percent through buying 8.8 million shares.

It is worth noting that Qatari companies had been always interested in prime London property.

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