Report in FT says group鈥檚 contracting arm could sign deal with Land Securities in next month
Land Securities are in exclusive negotiations with Canary Wharf Group to build the Walkie Talkie tower for 拢350m, it has emerged.
The Financial Times has reported the group, which would use its in-house contracting arm, are likely to sign a deal in the next 4-5 weeks with construction starting in September.
As well as carrying out the construction, Canary Wharf Group will buy an equity stake in the scheme, the paper reports.
A spokesperson for Land Securities said the firm 鈥渨as in conversation with parties鈥� over the construction of the building, known officially as 20 Fenchurch Street.
The spokesperson said: 鈥淲e will make an announcement as soon as a deal is done.鈥�
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