QIA, Brookfield raise offer for Canary Wharf-owner Songbird: Reuters

Qatar Investment Authority (QIA) and Brookfield Property Partners have upped their joint bid for Songbird Estates, the owner of London's Canary Wharf financial district, with an offer that values the company at 2.6 billion pounds (US$4.1 billion), Reuters reported. In a separate statement, Brookfield also announced that QIA had acquired a 9 percent stake in it.

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