Results tagged “tower”

HSBC may buy back tower

By Jon Massey on October 17, 2008 1:51 PM |

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ee-oct16-hsbcWEB.jpg

BANKING giant HSBC is in talks to buy back its Canary Wharf headquarters according to a report in the Financial Times.

Spain's property firm Metrovacesa, which bought the tower for £1.1billion last summer, has until November to refinance an £810million loan from HSBC, which it used to purchase the building.

It is believed a sale is now the most likely outcome.

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