Qatari investors own more of London than the Queen and the Mayor’s office


Qatari investors own more property in the capital than the Mayor of London’s office and three times more than the Queen, according to new data seen by The Telegraph.

Canary Wharf Group Investment Holdings, which is co-owned by Qatar Holdings, part of the Qatar Investment Authority (QIA) and American investment group Brookfield, is the capital’s largest property owner, with almost 21.5m sq ft of space on its books, according to data from the research firm Datscha.

Mayfair

The government of Qatar also owns 1.8m sq ft, making the Middle Eastern country by far the most dominant force in London property. In contrast, Her Majesty owns just under 7.3m sq ft.

Sheikh Hamad bin Jassim bin Jaber Al-Thani, the former head of the QIA, said last year that Qatari investment into the UK to date amounted to £30bn, and that London was the preferred destination.

The QIA owns the site of the Chelsea Barracks, the Olympic Village and the Shard, along with Canary Wharf which contains some of the city’s largest buildings.

Using data from the Land Registry, Companies House and the Valuation Office, Datscha analysed the top 100 landowners in the capital, which showed that the mayor’s office controls the second highest holding, at 17.4m sq ft, followed by Transport for London, at 14.9m sq ft.

Insurance firm Aviva and French bank BNP Paribas make up the rest of the top five property owners, with almost 9m sq ft and 7.5m sq ft respectively.

The shard

The government of Kuwait has also been particularly aggressive, according to Datscha’s figures, amassing 3.65m sq ft in a relatively short amount of time and putting it 16th on the list, above most of the London boroughs and the National Grid.

The top 100 also features three major retailers: Tesco is 19th, John Lewis and Waitrose are joint 54th, and Walmart, the US parent company of Asda, is 89th.

source: Daily Telegraph

We receive no funding and rely on your support to continue to develop Street Kitchens across the UK and provide vital information for our streets.

donate-button

 If you want to get involved in any way in making the difference please mail streetskitchen

Who owns London (ranked by sq ft)

Owner Area (sq ft)
1 Canary Wharf Group Investment Holdings* 21,452,796
2 The Mayor and Commonalty and Citizens of the City of London 17,447,701
3 Transport for London 14,889,025
4 Aviva 8,964,857
5 BNP Paribas 7,457,253
6 The Queen’s Most Excellent Majesty in Right of Her Crown 7,266,023
7 Legal & General Group 6,782,525
8 SEGRO 6,589,014
9 British Land Company 6,410,015
10 Network Rail 4,903,713
11 Royal London Mutual Insurance Society 4,536,939
12 Land Securities Group 4,453,968
13 The Government of the United Kingdom 4,453,182
14 Greater London Authority 3,919,193
15 The Mayor and Burgesses of the London Borough of Newham 3,650,067
16 Government of Kuwait 3,646,359
17 London and Amsterdam Trust Company 3,533,466
18 WGTC Nominees 3,375,552
19 Tesco 3,356,647
20 Grosvenor (Mayfair) Estate 3,112,294
21 Royal Mail 3,056,657
22 Universities Superannuation Scheme 3,054,483
23 Derwent London 3,032,989
24 Prudential 3,025,344
25 The Mayor and Burgesses of the London Borough of Southwark 2,999,248
26 HSBC Holdings 2,936,885
27 The Mayor and Burgesses of the London Borough of Enfield 2,926,657
28 Car Giant 2,870,241
29 Big Yellow Group 2,860,510
30 BT Pension Scheme 2,325,472
31 State Street Corp 2,311,527
32 Trustees of Lazari Family Trust 2,288,761
33 National Grid 2,255,933
34 Berkeley Group Holdings 2,187,048
35 Howard de Walden Estates Holdings 2,047,913
36 Ford Motor Company 2,044,527
37 Ameriprise Financial 2,024,755
38 The Mayor and Burgesses of the London Borough of Barnet 2,015,822
39 Coal Pension Properties 1,984,117
40 The Portman Estate Nominees (One) 1,962,785
41 The Mayor and Burgesses of the London Borough of Waltham Forest 1,937,589
42 Mount Eden Land 1,900,791
43 Standard Life Share Account 1,870,059
44 Oddo et Compagnie 1,868,536
45 The Mayor and Burgesses of the London Borough of Barking and Dagenham 1,861,188
46 Diageo Pension Trust (Property Custodian) 1,853,565
47 The Mayor and Burgesses of the London Borough of Sutton 1,831,953
48 Cadogan Settled Estates Shareholding Company 1,829,188
49 Jermyn Street Com Real Estate Fund 3 1,825,694
50 Canneth BM (Shareholder) 1,803,678
51 The Government of Qatar 1,800,903
52 The Mayor and Burgesses of the London Borough of Bromley 1,755,276
53 The Mayor’s Office for Policing and Crime 1,721,846
54 John Lewis Partnership Trust 1,721,367
55 Zurich Insurance Group 1,712,979
56 The Mayor and Burgesses of the London Borough of Haringey 1,694,152
57 The Mayor and Burgesses of the London Borough of Hackney 1,635,364
58 The Mayor and Burgesses of the London Borough of Hillingdon 1,535,004
59 FCP Topco 1,520,772
60 The Mayor and Burgesses of the London Borough of Merton 1,461,595
61 The Wardens and Commonalty of the Mystery of Mercers of the City of London 1,445,724
62 The Mayor and Burgesses of the London Borough of Camden 1,436,293
63 CIP Property (AIPT) 1,435,751
64 The Whitgift Foundation 1,422,529
65 The Mayor and Burgesses of the London Borough of Tower Hamlets 1,418,528
66 The Mayor and Burgesses of the London Borough of Bexley 1,381,021
67 The Lord Mayor and Citizens of the City of Westminster 1,371,428
68 Canal and River Trust 1,314,153
69 CLS Holdings 1,313,428
70 Shurgard European Holdings 1,311,015
71 Secretary of State for Transport 1,301,207
72 The Wardens and Commonalty of the Mystery of Goldsmiths of the City of London 1,298,537
73 Hammerson 1,242,273
74 Shaftesbury 1,227,167
75 St James’s Place 1,211,711
76 American Sugar Holdings 1,209,385
77 Glasgow City Council 1,204,646
78 Daejan Holdings 1,203,811
79 The Mayor and Burgesses of the Royal Borough of Kensington and Chelsea 1,198,855
80 Bestway (Holdings) 1,198,827
81 Barnett Waddingham 1,186,852
82 The Mayor and Burgesses of the London Borough of Wandsworth 1,172,783
83 Roundwood Holdings 1,114,709
84 Banco Santander 1,090,232
85 Caretown 1,079,682
86 The Mayor and Burgesses of the London Borough of Lambeth 1,076,532
87 Church Commissioners for England 1,075,466
88 The Mayor and Burgesses of the Royal Borough of Kingston upon Thames 1,062,325
89 Walmart Stores 1,061,687
90 Royal Borough of Greenwich 1,054,712
91 The Mayor and Burgesses of the London Borough of Hounslow 1,053,012
92 The Mayor and Burgesses of the London Borough of Brent 1,048,810
93 Lancer Property Holdings 1,042,955
94 Grosvenor Group 1,039,950
95 Stichting INGKA Foundation 1,029,629
96 Strand Nominees 1,016,618
97 The Mayor and Burgesses of the London Borough of Lewisham 1,008,826
98 London and Quadrant Housing Trust 998,930
99 Barclays 996,348
100 Euroclear 981,021
*Co-owned by Brookfield and Qatar Holding

METHODOLOGY

The list has been compiled using data taken from the Land Registry, the Valuation Office and Companies House and includes all properties in the London region (NUTS 1). The list includes nominee companies (such as banks and financial advisers). If the property is owned by a joint venture, Datscha can only connect it to the largest owner (>30%) – so if two companies own 50% each, the database doesn’t match it to an ultimate owner.

Leave a Comment

Your email address will not be published. Required fields are marked *