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(Adds that HSBC, GM Real Estate and JLL could not be reachedfor comment, paragraph 3)
April 25 (Reuters) - London's largest and most expensiveoffice building, HSBC Holding Plc's globalheadquarters, is up for sale and could fetch over 1.1 billionpounds ($1.85 billion), a record price for the British market,the Financial Times reported.
The Canary Wharf-based 44-storey, 1.1 million square footbuilding is being marketed by estate agents JLL and GM RealEstate, according to sources familiar with the matter, the FTsaid. (http://link.reuters.com/maq78v)
HSBC, GM Real Estate and JLL could not be reached forcomment outside of regular business hours.
At the height of the British property boom in 2007, the HSBCtower became the most expensive building in London when it soldfor 1.09 billion pounds.
The FT said HSBC had a 13-year lease on the building and iscommitted to annual upward-only inflation-linked rent reviews,citing sources familiar with the tenancy arrangements. Thiswould make it an attractive proposition for investors seeking ahedge against inflation. ($1 = 0.5953 British Pounds) (Reporting by Richa Naidu in Bangalore; Editing by Bernard Orrand Lisa Shumaker)
