Canary Wharf Group and Qatari Fund Reveal £1bn London Project

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Canary Wharf Group and Qatari Fund Reveal £1bn London Project

Joint Venture Reveals Plans to Make Shell Centre on London's South Bank Centrepiece of the Braeburn Estates Mixed-Use Development

by Rachel McCormack

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Canary Wharf Group and Qatari Fund Reveal £1bn London Project

UK property developer Canary Wharf Group Plc and Qatari Diar Real Estate Investment Co, the property investment arm of Qatar’s sovereign wealth fund, have announced plans to the ‘Braeburn Estates’ project, consisting of offices, up to 790 homes and a number of shops at the Shell Centre site on London’s South Bank, capitalising on surging prices and rising rents in the UK capital, Bloomberg reported on 13 December 2012.

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