Financial Times FT.com

HSBC sells London HQ for £1bn

By Jim Pickard, Property Correspondent

Published: April 30 2007 13:32 | Last updated: April 30 2007 13:32

Spanish property company Metrovacesa is paying £1.09bn for the London headquarters of global bank HSBC in the biggest ever single-property deal in the UK.

The skyscraper at 8 Canada Square in Canary Wharf, where 8,000 people work, is 210m high with 1.1m sq ft of space.

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