M&G Real Estate said in talks to finance $503m London skyscraper project

M&G Real Estate said in talks to finance $503m London skyscraper project

The Swiss Re Insurance building, also known as "the Gherkin", foreground, and the towers of the Canary Wharf business district are seen against the city skyline in London, U.K. Photographer: Jason Alden

M&G Real Estate Ltd. is in exclusive negotiations to fund construction of a skyscraper planned for London’s financial district after financing from Hong Kong investors fell through, according to people with knowledge of the matter.