Its other headache has been the fact its Qatari-backed development of Royal Dutch Shell’s new British headquarters was thrown into doubt after the government decided to review plans given the green light by local officials, a move it called “disappointing”.
* H1 adjusted net assets per share up 6.2 pct to 223p
* Faces costs for fixing Walkie Talkie tower
* Questionmark over Shell HQ development
By Tom Bill
LONDON, Sept 13 (Reuters) – Songbird Estates, the majority owner of Canary Wharf Group, faces a bill which could rise to several million pounds after two major setbacks in the space of two weeks.
The first is the cost of fixing London’s “Walkie Talkie” skyscraper, which reflected sunlight off its concave structure at such intensity it melted parts of a car, a sum that will be “in the low single-digit millions”, its chairman David Pritchard said on Friday.