London: The owners of the Citigroup tower in London’s Canary Wharf are reportedly looking to sell the building for more than £1bn (€1.15bn) to pay back debt, according to a report in the Financial Times.

Quinlan Private executive chairman Derek Quinlan, in partnership with property investment company Propinvest, has completed the £1bn (€1.4bn) acquisition of 25 Canada Square in Canary Wharf in London.

The Citigroup tower in London’s Canary Wharf was reportedly sold today for £1bn (€1.5bn) in a deal that would mark the second largest single property transaction ever seen in the UK.