Kuwait bought Canary Wharf scheme
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Kuwait bought Canary Wharf scheme

Kuwait bought Canary Wharf scheme

The Kuwaiti government, through its real estate arm St Martins Property, has bought 5 Canada Square at Canary Wharf in London from private equity group Evans Randall for around £385m (€448m), Property EU has reported, citing market sources. The 14-storey building is located in the heart of London's Canary Wharf, adjacent to the London Underground, Dockland Light Railway and future Crossrail stations. It is let to Credit Suisse International on a 25-year lease ending in October 2027. Ten floors are sub-let to Bank of America on a 15-year-plus lease.

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