Qatar's Failed Attempt to Buy Canary Wharf

The video discusses the ownership and potential sale of Songbird Estates, which owns significant properties in London. The Qatari Investment Authority has made a $3.5 billion bid, but it was rejected for undervaluing the company. Qatar has a history of acquiring landmark properties in London, including Harrods and The Shard. With rising commercial rents and new infrastructure developments, the future of Canary Wharf, where Qatar is a major shareholder, looks promising.

What impact do rising commercial rents in London have on Qatar's investment strategy?

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What might the other owners of Songbird Estates be waiting for regarding the takeover bid?

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