Posted on February 23, 2012

Qatar Holding, the foreign investment arm of Qatar Investment Authority (QIA), has said it had completed the acquisition of Credit Suisse's headquarters in London and leased it back to the bank, Bloomberg has reported.

The 546,114 square-feet building at One Cabot Square in Canary Wharf was leased to the bank under a long-term agreement that runs until 2034, Qatar Holding said. QIA holds a 6% stake in Credit Suisse and owns shares in Songbird, the majority owner of Canary Wharf Group.

source: Ameinfo