Qatar and Brookfield Take Full Control of Canary Wharf Group

Qatar Investment Authority and Brookfield Property Partners LP acquired 100 percent of London’s Canary Wharf Group after buying out the remaining shareholders. Brookfield owned 22 percent of CWG before the deal.

The venture had already agreed to acquire Songbird Estates Plc, which owned 69 percent of CWG, in January in a deal that valued Songbird at about 2.6 billion pounds ($3.9 billion). Songbird shares are expected to stop trading on London’s AIM market on April 23, according to a statement on Monday.