News

Korea's KB Securities under offer for Credit Suisse’s Canary Wharf HQ

By 2018-07-20T12:12:00

One Cabot Square_Canary Wharf Group

The Qatar Investment Authority and Brookfield have agreed the £460m sale of Credit Suisse’s HQ at One Cabot Square to South Korea’s KB Securities.

KB Securities, which is one of 12 subsidiaries of Seoul Stock Exchange-listed KB Financial Group, has placed the Canary Wharf office building under offer having agreed to pay £460m for the 20-storey property, reflecting a yield of 4.65%.

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