London's Canary Wharf sees $1.5 billion slashed from property values
Thu, Apr 25, 2024 10:01 PM

London's Canary Wharf sees $1.5 billion slashed from property values

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Property values in London's Canary Wharf financial district fell by 1.2 billion pounds ($1.50 billion) over the past year, led by a decline in the value of its office buildings, the landlord said in annual results published on Thursday. Canary Wharf Group - which is joint owned by investors Brookfield and the Qatar Investment Authority - said in its 2023 earnings.

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