A consortium of Lebanese investors led by M1 Real Estate has reportedly agreed to acquire 20 Columbus Courtyard at Canary Wharf from Credit Suisse for more than 拢150 mln (EUR 164 mln).
A consortium of Lebanese investors led by M1 Real Estate has reportedly agreed to acquire 20 Columbus Courtyard at Canary Wharf from Credit Suisse for more than 拢150 mln (EUR 164 mln).
The Financial Times said the sale-and-leaseback transaction involves Credit Suisse agreeing to a 25-year lease with the rent linked to inflation.
Credit Suisse is said to be examining the options for a similar sale of its One Cabot Square property at Canary Wharf but it is not officially on the market.
