PropertyEU

HSBC confirms HQ sell-off plan

By A staff reporter 2007-02-05T00:00:00

HSBC, Europe's largest bank by market value, has confirmed it plans to sell its London headquarters in Canary Wharf through a sale-and-leaseback agreement. The building is expected to fetch up to £1 bn (EUR 1.5 bn), making it the most expensive single office building in Britain.

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