Songbird Estates plc is engaged in the management of its investment in its main subsidiary, Canary Wharf Group plc, the holding company for a group that specializes in integrated property development, investment and management focusing particularly on the Canary Wharf Estate, including Heron Quays West, Riverside South and North Quay (the Estate). Canary Wharf Group is also involved through joint ventures in the development of Wood Wharf and the redevelopment of Drapers Gardens. As of December 31, 2008, Canary Wharf Group’s investment portfolio comprised 16 completed properties (out of the 31 constructed on the Estate) totaling 7.9 million square feet net internal area (NIA), of which 99.7% was let. On November 17, 2008, Canary Wharf Group announced that it had concluded an agreement for the staged development of Riverside South with JP Morgan. In December 2008, Canary Wharf Group reached an agreement to commence work on the Crossrail station at Canary Wharf. 

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26.03.2010 Songbird Estates plc Final Results 31 Dec 09