The Qatar Investment Authority (QIA) completed the biggest office deal in British history with its £1.1bn purchase of HSBC’s HQ in Canary Wharf.

HSBC_credit_shutterstock_Lubo Ivanko_1516222850

Source: shutterstock / Lubo Ivanko

QIA acquired 8 Canada Square from the National Pension Service of Korea, adding the 45-storey tower to its portfolio of trophy UK assets, which includes Harrods and The Shard.

Last month, however, Qatar said it was reviewing current and future investment in the capital after interpreting a TfL ban on its adverts as “a message from the mayor’s office that Qatari business is not welcome in London”.

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