Strategy
Credit Suisse Sells London Office Building - Report

Credit Suisse will sell and lease back one of its Canary Wharf buildings in London's Docklands area for more than £150 million ($245 million) to a Lebanese consortium of investors, according to a media report.
Selling 20 Columbus Courtyard underlines the Swiss bank’s plan to sell non-core assets in real estate, according to the Financial Times.
According to the FT, Credit Suisse will remain in the building for the time being, having agreed on a leaseback. The publication went on to say that there are also discussions about the sale and leaseback of Credit Suisse’s more famous Canary Wharf building, One Cabot Square.
In other news concerning the bank, WealthBriefing reported last week that it is due to open a private banking office for high net worth clients in Poland.
On the launch of the new office Credit Suisse will join its Swiss peer Bank Sarasin in establishing operations in Poland. Sarasin opened a representative office in Warsaw in March this year, establishing a base from which to promote Swiss private banking services to Poland’s high net worth individuals.