Financial Times FT.com

Metrovacesa struggles to sell HSBC skyscraper

By Daniel Thomas in London and Mark Mulligan in Madrid

Published: September 25 2008 02:55 | Last updated: September 25 2008 02:55

Metrovacesa, the Spanish property company, is struggling to find a partial sale for the HSBC skyscraper in London’s Canary Wharf, with just weeks to go before a loan used to buy the building expires.

Goldman Sachs, which is advising the Spanish company, had been sounding out investors to buy part or all of the building.

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