Songbird Estates Portfolio

Canary Wharf, London

Songbird Estates

Property Summary

Type: Class A Office and Retail
Office Location: Canary Wharf, London
Size: 17 Properties (6,981,236 square feet)

Acquisition Summary

Capital Invested: $39.1 million
Ownership Interest Acquired: 1.7%

Transaction Summary

Madison acquired shares of in Songbird Estates plc, a publicly listed company traded on the AIM, a submarket of the London Stock Exchange. Songbird owns a 69.4% interest in Canary Wharf Group plc, which owns 20 Class A office and retail properties comprising 7.0 million sf primarily in the Canary Wharf submarket in London. Songbird was formed in 2004, raising £1.7 billion from a fractionalized shareholder base to acquire Canary Wharf Group plc.

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