If Qatar wants to add London business district Canary Wharf to a UK investment shopping spree, it will have to attract demanding shareholders and stump up a big premium.

The chances of making a successful tilt for the 76% of Songbird Estates by Qatar Investment Authority does not own rest with New York investor Simon Glick with 23.95% of Songbird, China Investment Corp with
14.7%, and Morgan Stanley with 3.1%.

One top-10 investor has valued the shares at more than 200 pence each, which would give 76% of the Company a price tag near 950 million pounds.

QIA has made a statement about its Songbird stake, shortly. The trinity of majority shareholders represents a large blocking stake and winning these stakeholders can put Qatar to test.

Songbird shareholder shared that he thinks of the Chinese who have just bought a 15% stake but not for a quick 20% return.

He said, "I think they were buying this thing for a long-term play on the London office market ... in an environment such as this where capital values are obviously stabilizing and appear to be going up, they would be missing out on a lot of the upside that appears through the cycle".