HSBC plans HQ sale, leaseback


HONG KONG: Global lender HSBC Holdings said yesterday it is considering a proposal to sell and lease back its group headquarters in London, following a newspaper report of a possible £1bil sale. 

Hong Kong-based HSBC spokeswoman Vinh Tran said the bank had no intention of vacating the 45-storey HSBC Tower, or 8 Canada Square, at Canary Wharf, but was looking at a plan to sell it and then rent it back for 15 years. 

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