A new bid for Canary Wharf has brought together many of the banks involved in the protracted takeover battle for the financial hub over 10 years ago.

Canary Wharf owner Songbird Estates said in a statement on Thursday that it had been approached by the Qatar Investment Authority and Brookfield Property Partners about a possible takeover of the company. Songbird has since rejected the offer of 295 pence per share in cash, which it said "materially undervalues" the company.