Songbird acquires Commerzbank stake in Canary Wharf for EUR 125m

AIM-listed Songbird Estates is purchasing 54 million shares in Canary Wharf from Germany's Commerzbank for £112.5 mln (EUR 125 mln). The transaction increases Songbird's interest in the 650,000 m[sup]2[/sup] London office estate from 60.8% to 69.3%.

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